Ferguson cited internal chat communications by Albertsons executives admitting they were “basically creating a monopoly” that Washington antitrust regulators discovered as part of their case.
But the Colorado case, in particular, involves Kroger keeping just 14 stores it’s acquiring from Albertsons in that state. That’s an argument Kroger has made to show how little of a monopoly ...
Given Albertsons' significant discount to Kroger's merger price, it appears highly unlikely that the deal will be completed.
Albertsons owns Safeway and has 105 stores. In Colorado, the two grocers’ presence is much closer in size than in other parts of the country. Officials worry Kroger would become a monopoly in ...
And that monopoly power can be misused,” said Kishore ... So what could this mean for the Kroger-Albertsons merger? SEE MORE: US sues to block $24.6B merger of grocery giants Kroger and ...
Kroger and Albertsons agreed to sell 579 stores nationwide to C&S Wholesale Grocers, a New Hampshire-based company, to address concerns the combined company will create a monopoly in areas with ...
Albertsons (NYSE:ACI) is likely worth $21 a share if its almost $25 billion sale to Kroger (KR) is blocked by a court after the Federal Trade Commission sued to stop the combination earlier this ...
Kroger and Albertsons have a total of roughly 5,000 ... The main arguments are that the merger would create a monopoly that ultimately hurts consumers and workers. The federal judge’s decision ...
The nation’s largest pure-play grocer endures scrutiny from all sides in its effort to complete the biggest grocery deal in ...
Albertsons owns Safeway ... to address concerns the combined company would create a monopoly in areas with significant overlap. If the deal goes through, C&S will take over Colorado’s Safeways.