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Kroger, FTC fight to end on Albertsons merger
'Consumers depend on competition': Kroger, FTC fight to the end on Albertsons merger
“Consumers depend on competition,” FTC attorney Susan Musser told the court, dismissing the grocers’ argument that consumers were awash in competition with a variety of retailers selling food. “Common sense says these aren’t a good substitute for supermarkets.”
Inside closing arguments from the FTC’s challenge to Kroger-Albertsons merger
The federal agency’s attorneys highlighted how the deal would impact local communities while the grocers’ lawyers said the agency was out of touch with the realities the industry and shoppers face.
Kroger, Albertsons Shares Dip After FTC Gives Closing Arguments In Hearing To Block Merger
Kroger and Albertsons shares closed lower Tuesday after lawyers for the Federal Trade Commission (FTC) gave closing arguments in a hearing to temporarily block the proposed merger between the two companies.
14h
on MSN
FTC Chief Lina Khan Knows A Tough Antitrust Stance "Can Be Uncomfortable For Some People" As Election Looms
Lina Khan, the youngest person to chair the powerful Federal Trade Commission, has come down hard on monopolies and ...
Executive Gov
2d
Isabel Casillas Guzman, Lina Khan on SBA & FTC Small Business Competition Efforts
Isabel Casillas Guzman, head of the Small Business Administration, and Federal Trade Commission Chair Lina Khan discussed the ...
2d
Express Scripts sues FTC over report blasting pharmacy middlemen
Express Scripts, one of the country’s largest pharmacy benefit managers, sued the Federal Trade Commission (FTC) Tuesday and ...
JD Supra
2d
FTC Ban on Non-Competes Is Blocked — For Now
Back in April 2024, the Federal Trade Commission (FTC) issued a final rule that would have banned non-compete agreements ...
2d
Express Scripts sues FTC over drug pricing report
Pharmacy benefit manager Express Scripts sued the U.S. Federal Trade Commission on Tuesday over the regulator's recent drug ...
16h
FTC finds that social media, streaming giants engaged in ‘vast surveillance’ of users
The first issue that today’s report flags relates to the manner in which some tech giants collect user data. According to the ...
JD Supra
20h
Senators Urge FTC, DOJ to Investigate AI Models That Copy Third-Party Content — AI: The Washington Report
On September 10, eight Democratic Senators urged the heads of the FTC and DOJ’s Antitrust Division to investigate certain ...
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