FTC Accuses PepsiCo of Price Discrimination Favoring Walmart
The FTC sued PepsiCo on Jan. 17, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to Walmart at the expense of other vendors and consumers.
FTC Bans GM From Sharing Driving Data
General Motors will be banned for five years from disclosing data that it collects from drivers to consumer reporting agencies as part of a settlement with the government.
Kroger’s $24.6 Billion Albertsons Deal Blocked by Judge
A judge blocked Kroger's $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for grocery shoppers in a ruling that marks a likely death knell for the deal.
Kroger-Albertsons Deal Heads to Court With Food Price Focus
Kroger Co. and Albertsons Cos. are finally getting their day in court. Nearly two years after the acquisition was announced, the grocery giants on Aug. 26 started a federal court hearing in Portland, Ore., on the U.S. Federal Trade Commission’s bid to block the $24.6 billion deal.
Senate Probes Possibility of Collusion Between Big Oil, OPEC
A Senate panel is investigating whether oil producers are illegally coordinating with OPEC to raise prices, following allegations that the former head of Pioneer colluded with the cartel.
June 28, 2024Lawmakers 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.
Schumer Calls on FTC to Probe Wave of Oil Company Mergers
Senate Majority Leader Chuck Schumer called on the Federal Trade Commission to open a full investigation into a wave of acquisitions in the oil and gas industry, arguing that the consolidation threatens competition and could lead to higher prices.
March 6, 2024FTC Sues to Block Kroger’s $24.6 Billion Albertsons Deal
The Federal Trade Commission, eight states and Washington, D.C., sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on Feb. 26.
FTC, States Expected to Sue Over Kroger-Albertsons Deal
The U.S. Federal Trade Commission and a group of states are poised to sue to block the tie-up between supermarkets Kroger Co. and Albertsons Cos., according to people familiar with the plans.
FMCSA: FTC Proposal Should Include Truck Towing Provisions
FMCSA filed comments in support of an FTC proposed rule banning junk fees that trucking regulators have argued should include provisions to mitigate predatory truck towing.