FTC Release: Statement on FTC Victory Securing Halt to Kroger, Albertsons Grocery Merger

Dow Jones12-18

The U.S. District Court for the District of Oregon granted on December 10, 2024, 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.

View Press Release: https://www.ftc.gov/news-events/news/press-releases/2024/12/statement-ftc-victory-securing-halt-kroger-albertsons-grocery-merger

 

(END) Dow Jones Newswires

December 17, 2024 17:48 ET (22:48 GMT)

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