• bitcoinBitcoin(BTC)$80,562.002.86%
  • ethereumEthereum(ETH)$2,423.784.34%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$715.351.87%
  • rippleXRP(XRP)$1.323.43%
  • usd-coinUSDC(USDC)$1.000.04%
  • solanaSolana(SOL)$96.823.78%
  • tronTRON(TRX)$0.318519-1.10%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.051.51%
  • zcashZcash(ZEC)$1,324.182.69%
  • HyperliquidHyperliquid(HYPE)$83.95-2.65%
  • dogecoinDogecoin(DOGE)$0.0769912.33%
  • moneroMonero(XMR)$635.54-0.77%
  • USDSUSDS(USDS)$1.000.02%
  • whitebitWhiteBIT Coin(WBT)$77.883.24%
  • chainlinkChainlink(LINK)$11.633.91%
  • leo-tokenLEO Token(LEO)$9.350.41%
  • cardanoCardano(ADA)$0.1991603.80%
  • stellarStellar(XLM)$0.1678232.09%
  • bitcoin-cashBitcoin Cash(BCH)$289.214.53%
  • nearNEAR Protocol(NEAR)$4.04-0.41%
  • uniswapUniswap(UNI)$7.651.93%
  • daiDai(DAI)$1.000.03%
  • Ethena USDeEthena USDe(USDE)$1.000.08%
  • litecoinLitecoin(LTC)$56.222.80%
  • RainRain(RAIN)$0.006126-1.84%
  • CantonCanton(CC)$0.1027923.40%
  • avalanche-2Avalanche(AVAX)$8.791.24%
  • suiSui(SUI)$0.931.57%
  • USD1USD1(USD1)$1.000.01%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.17-1.02%
  • tether-goldTether Gold(XAUT)$4,103.092.04%
  • hedera-hashgraphHedera(HBAR)$0.0732633.50%
  • quant-networkQuant(QNT)$205.955.99%
  • Global DollarGlobal Dollar(USDG)$1.000.03%
  • shiba-inuShiba Inu(SHIB)$0.0000051.32%
  • BittensorBittensor(TAO)$236.542.22%
  • paypal-usdPayPal USD(PYUSD)$1.000.03%
  • crypto-com-chainCronos(CRO)$0.0524302.15%
  • Ripple USDRipple USD(RLUSD)$1.000.03%
  • EthenaEthena(ENA)$0.1815650.15%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.15-0.06%
  • okbOKB(OKB)$111.432.37%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • pepePepe(PEPE)$0.000005-1.79%
  • aaveAave(AAVE)$133.571.52%
  • OndoOndo(ONDO)$0.4111571.90%
  • Pump.funPump.fun(PUMP)$0.004347-2.29%
  • MemeCoreMemeCore(M)$0.83-2.04%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Kroger sues FTC over in-house review of $25B Albertsons deal

August 19, 2024
in Business
Reading Time: 4 mins read
A A
Kroger sues FTC over in-house review of B Albertsons deal
ShareShareShareShareShare

Kroger sued the Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain’s proposed $25 billion merger with smaller rival Albertsons in its in-house tribunal.

Kroger called the tribunal unconstitutional, saying the matter should be resolved in a federal court.

YOU MAY ALSO LIKE

Lockheed Martin paying $29.5M settlement after allegedly discriminating against white workers

News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units

The lawsuit filed in Cincinnati comes a week before the company is scheduled to face a trial where the FTC has asked a federal judge in Portland, Ore., to temporarily block the merger while its in-house judges review the deal.


Kroger called the tribunal unconstitutional, saying the matter should be resolved in a federal court. Miriam Marini/Detroit Free-Press / USA TODAY NETWORK

The FTC said in a lawsuit filed in February that the deal will raise prices for millions of Americans and squeeze the labor market for unionized grocery store workers.

That in-house review could take years, Kroger said in the lawsuit.

Kroger Chairman Rodney McMullen said in a statement that the company is “prepared to defend this merger in the upcoming trial in federal court – the appropriate venue for this matter to be heard.”

“We are asking the court to halt what amounts to an unlawful proceeding before the FTC’s own in-house tribunal,” he said.


FTC Chair Lina Khan
The FTC, headed by Lina Khan, said in a lawsuit filed in February that the deal will raise prices for millions of Americans and squeeze the labor market for unionized grocery store workers. Getty Images

A spokesperson for the FTC declined to comment.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Lockheed Martin paying .5M settlement after allegedly discriminating against white workers
Business

Lockheed Martin paying $29.5M settlement after allegedly discriminating against white workers

November 5, 2026
News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units
Business

News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units

November 4, 2026
Fan favorite SoCal Chick-fil-A store closing by the end of 2026
Business

Fan favorite SoCal Chick-fil-A store closing by the end of 2026

November 4, 2026
Dems’ midterm sweep could bring crackdown on Wall Street as lefty leaders target data centers, crypto, prediction markets
Business

Dems’ midterm sweep could bring crackdown on Wall Street as lefty leaders target data centers, crypto, prediction markets

November 4, 2026
Next Post
Powerful storms bring historic rainfall and flooding to the Northeast

Powerful storms bring historic rainfall and flooding to the Northeast

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Strategy Inc (MSTR) Q3 2026 Earnings Call Transcript

Strategy Inc (MSTR) Q3 2026 Earnings Call Transcript

October 31, 2026
Catastrophe, Rogue AI and Other Anthropic IPO Risks

Catastrophe, Rogue AI and Other Anthropic IPO Risks

October 29, 2026
NFL drops K fine for 49ers’ Kyle Juszczyk

NFL drops $15K fine for 49ers’ Kyle Juszczyk

October 29, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!