Government, Business, Private

Lawmakers Urge FTC to Take Action on Grocery Profits

A group of lawmakers wants the FTC to take action against large retailers, such as Amazon and Walmart, that increased profits during the COVID-19 pandemic and have kept prices high since.

Leah Nylen | Bloomberg News
March 28, 2024

Colorado Court Schedules Kroger-Albertsons Hearing in August

A Colorado court scheduled a preliminary injunction hearing on supermarket giant Kroger Co.’s proposed acquisition of rival Albertsons Cos. in mid-August.

Leah Nylen | Bloomberg News
March 25, 2024
Government, Business

Biden’s Crackdown on Illegal Mergers Cemented With New Rules

Antitrust agencies have finalized an overhaul of rules the government uses to determine whether deals violate competition law to extend a crackdown on illegal mergers and acquisitions.

Leah Nylen | Bloomberg News
December 18, 2023
Government, Business

Kroger, Albertsons Bracing for January FTC Decision on Deal

Kroger Co. and Albertsons Cos. are bracing for a Federal Trade Commission lawsuit over their $24.6 billion tie-up as soon as January as opposition builds against the supermarket megadeal.

Leah Nylen | Bloomberg News
December 14, 2023
Government, Business, Technology, Private

FTC Poised to Sue Amazon for Antitrust Violations

The Federal Trade Commission is expected to sue Amazon for antitrust violations next week, according to people familiar with the matter — the agency’s fourth swipe at the retail giant in 2023.

Leah Nylen | Bloomberg News
September 22, 2023
Government, Business

Senate Antitrust Panel Plans Hearing on Kroger-Albertsons Deal

The Senate plans to hold a hearing in November on Kroger Co.’s planned $24.6 billion takeover of Albertsons Cos.

Leah Nylen | Bloomberg News
October 18, 2022