Published 1 year ago

Grocery consumers sue to block Kroger’s $25 bln buy of Albertsons

Summary by Ground News

Kroger is the biggest grocer in the U.S. by revenue, and Albertsons is the second-largest supermarket chain. Nearly 5,000 grocery stores would be under one corporate umbrella if the deal, announced in October, goes through. The lawsuit was filed on behalf of 25 consumers in states including California, Texas and Florida.

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Reuters

Grocery consumers sue to block Kroger’s $25 bln buy of Albertsons

A private lawsuit filed in California on Thursday seeks to stop Kroger Co's planned $25 billion purchase of rival Albertsons Companies Inc , a deal that state attorneys general, consumer groups and some U.S. lawmakers have questioned as harmful to competition in the grocery market.

1 year ago·United Kingdom

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The Epoch Times

Grocery Consumers Sue to Block Kroger’s $25 Billion Buy of Albertsons

A private lawsuit filed in California on Thursday seeks to stop Kroger Co.’s planned $25 billion purchase of rival Albertsons Companies Inc., a deal that state attorneys general, consumer groups and some U.S. lawmakers have questioned as harmful to competition in the grocery market. The lawsuit was filed on behalf of 25 consumers in states including California, Texas and Florida who alleged the merger “will be used to increase prices for groceri…

1 year ago·New York, United States

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OAN

Grocery consumers sue to block Kroger’s $25 billion buy of Albertsons

By Mike Scarcella (Reuters) - A private lawsuit filed in California on Thursday seeks to stop Kroger Co's planned $25 billion purchase of rival Albertsons Companies Inc, a deal that state attorneys general, consumer groups

1 year ago·San Diego, United States

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Times of San Diego

Grocery Consumers Sue to Block Kroger’s $25 Billion Buy of Albertsons

The Albertsons on West Valley Parkway in Escondido. Courtesy of the company A private lawsuit filed in California on Thursday seeks to stop Kroger Co‘s planned $25 billion purchase of rival Albertsons Companies Inc, a deal that state attorneys general, consumer groups and some U.S. lawmakers have questioned as harmful to competition in the grocery market. The lawsuit was filed on behalf of 25 consumers in states including California, Texas and F…

1 year ago·San Diego County, United States

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