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Stores owned by Kroger and Albertsons compete against one another in thousands of local markets, the FTC says. The rivalry puts a ceiling on food prices, and eliminating it would free Kroger to ...
A shopper visits Albertsons at 3901 Crenshaw Blvd. in Los Angeles. Kroger plans to buy Albertsons in a deal valued at $24.6 billion, but government regulators want to stop the biggest proposed ...
As Kroger and Albertsons push to advance the biggest supermarket merger in U.S. history, the companies’ chief executives have argued that joining forces would lead to price cuts for shoppers ...
The chief executive officers of Kroger and Albertsons insisted Wednesday — under questioning from the federal government — that merging would allow the two supermarket companies to lower ...
PORTLAND, Ore. – If Kroger succeeds in taking over its rival Albertsons, the promised $1 billion in lower grocery costs likely won’t go to current Kroger shoppers. Instead, the money will be ...
An attorney for Kroger, though, said Albertsons’ prices rarely move the needle for Kroger. Instead, attorneys for the grocer said it looks solely to one competitor: Walmart.
PORTLAND, Ore. — The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively ...
In the press release, FTC officials said Kroger and Albertsons have acknowledged that their brands are competitors, which forces them to lower prices in competition with each other.