A federal judge has temporarily blocked the merger of grocery giants Kroger and Albertsons after a three-week hearing. The Federal Trade Commission sued over the $25 billion deal in February, asking that it be put on hold to allow more time for an FTC administrative judge to examine its potential impacts. The FTC claims that allowing Kroger and Albertsons to merge would lead to less competition in the grocery industry and higher prices.
Federal judge temporarily blocks Kroger-Albertsons merger
Categories:
Related Post
Trump so far has freed 11 hostages in his first month as president; Biden released around 70 in four yearsTrump so far has freed 11 hostages in his first month as president; Biden released around 70 in four years
President Donald Trump’s administration has secured the release of 11 U.S. hostages held by foreign governments since taking office less than one month ago, according to the White House. The
Vladimir Putin meets with Iranian President Pezeshkian to celebrate ‘very close’ relationshipVladimir Putin meets with Iranian President Pezeshkian to celebrate ‘very close’ relationship
Russian President Vladimir Putin met with Iranian President Masoud Pezeshkian on Friday, hailing the “very close” relationship between Russia and Iran. The meeting comes as Iran braces for an Israeli
Would-be Reagan assassin John Hinckley Jr. opening music storeWould-be Reagan assassin John Hinckley Jr. opening music store
John Hinckley Jr., the man who attempted to assassinate President Ronald Reagan, will be opening a music store in Virginia, he announced Monday. Hinckley said on X that the store