Full Coverage
Fresh Take: Albertsons Sues Kroger As Merger Falls Apart, And UFCW Calls For Kroger CEO To Resign
By Chloe Sorvino
Posts on X
Formerly Twitter
Rob Bonta
AGRobBonta
The end of the proposed Kroger-Albertsons merger is a tremendous victory for grocery shoppers, workers, and businesses who compete fairly.
oag.ca.gov/news/press-releases/attorney-general-bonta-californians-can-breathe-easy-after-abandonment pic.x.com/G8EcOjEtMf
Posted on X
Senator Chris Van Hollen
ChrisVanHollen
Americans already pay too much for groceries — a Kroger-Albertsons merger risked raising prices even higher & reducing competition across the board.
Bottom line: it would've hurt consumers while helping ultra-rich CEOs. Glad the FTC & courts weighed in. www.nytimes.com/2024/12/11/business/albertsons-kroger-merger-deal.html
Posted on X
Rep. Pramila Jayapal
RepJayapal
What’s wrong with this picture?Instead of lowering grocery prices or raising wages, Kroger & Albertsons pouring $$ into stock buybacks to reward giant Wall Street investors: Cerberus Capital, Vanguard & BlackRock (controls over $11.5 TRILLION in assets). www.nbcnews.com/business/business-news/kroger-albertsons-are-spending-billions-stock-buybacks-blocked-merger-rcna183829
Posted on X
Economic Security Project
EconomicSecProj
"In the long term, the door to revived competition enforcement has been decisively cracked open—and it won’t be so easy to shut.”
@linakhanFTC’s tenure may be ending, but the antitrust movement she helped revive is here to stay, explains @stacyfmitchell. www.theatlantic.com/ideas/archive/2024/12/ftc-kroger-albertson-merger/680975/
Posted on X
Frequently asked questions
See popular questions from Google Search
All coverage
Kroger and Albertsons are spending billions on stock buybacks after their blocked merger
By Steven Kopack & J.J. McCorvey
The FTC's big win, Kroger and Albertsons big beef, and Costco's membership fee hikes: Retail news roundup
By Francisco Velasquez
Merger implosion on aisle 4!
By David Horsey
Column: Good riddance to the merger of grocers Albertsons and Kroger, which would have cost you money
By Michael Hiltzik
Federal judge blocks largest supermarket merger in history
By Nathaniel Meyersohn
Albertsons sues Kroger and ends failed grocery megamerger
By Alina Selyukh
CEO killing suspect may wave extradition
By Kelly McCarthy
The Kroger-Albertsons grocery merger was blocked in a big win for the FTC
By Francisco Velasquez
Albertsons backs out of merger with Kroger, which would have forced sale of two local stores
By Vince Dice
Here's why the Kroger merger with Albertsons was killed
By Alexander Coolidge
Kroger and Albertsons look ahead after merger deal collapses
By Catherine Douglas M.
What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits
By Christine P. Bartholomew
What new legal drama between Kroger-Albertsons means to their South Sound-area stores
By Debbie Cockrell
Estimate: Washingtonians would have spent an extra $800 million a year on groceries had Kroger-Albertsons merger been approved
By Helen Smith
Kroger Pops To Record High: Buyback Bonanza After Megamerger Blow
By Aparna Narayanan
The Catch Up: Grocery store mergers fell through, Polis used power tools, and a rain garden opened
By Nikole Robinson Carroll
Parent company of Shaw's, Star Market gives up on blockbuster merger plan
By David Bienick & Phil Tenser
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
Kroger, Albertsons could turn to ad business as mega merger falls through, analysts say
By Siddharth Cavale
Safeway owner breaks off merger with Kroger which would have impacted 105 grocery stores in Colorado
By Tamara Chuang
Federal judge blocks $25B Kroger-Albertsons merger, but leaves door open for future deal
By Taylor Giorno
Albertsons demands billions from rival Kroger after terminating merger bid
By Jody Godoy & Aishwarya Venugopal
Kroger-Albertsons Merger Blocked by Court, Handing Victory to Biden Antitrust Enforcers
By Patrick Thomas & Dave Michaels