As one of the largest food and drug retailers in the United States, Albertsons Companies operates stores to be locally great while being nationally strong. The Company’s omnichannel approach and commitment to innovation are making it easier and more convenient for customers to shop, paving the way for profitable, sustainable growth.
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The U.S. District Court for the District of Oregon granted on , the Federal Trade Commission’s request for a preliminary injunction to prevent Kroger Company from acquiring Albertsons Companies, Inc. in what would be the largest supermarket merger in U.S. history. The FTC challenged the $24.6 billion deal alongside a bipartisan group of nine state attorneys general. In ...
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The Federal Trade Commission today sued to block the largest proposed supermarket merger in U.S. history—Kroger Company’s $24.6 billion acquisition of the Albertsons Companies, Inc.—alleging that the deal is anticompetitive. The FTC charges that the proposed deal will eliminate fierce competition between Kroger and Albertsons, leading to higher prices for groceries and other essential ...