A federal judge temporarily halts the proposed supermarket merger of Kroger and Albertsons
PORTLAND, Ore. (AP) — A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.
U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon.
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger’s implications.
More Stories
A Brief, Surprisingly Dramatic History of the Corporate Freebie
The promotional product has a longer and stranger history than most of the brands that hand them out. The father...
Beyond Search: Why Discovery-Led Shopping Is Reshaping UK Ecommerce
Online shopping has traditionally followed a predictable path: consumers know what they want, search for it, compare options and buy....
Locked Out: What Actually Happens, and How Not to Overpay
Knowing in advance what a competent locksmith will actually do, and roughly what it should cost, turns a stressful scramble...
Badenoch blames Labour tax plans for exodus of wealth creators
Kemi Badenoch has accused the Labour government of driving Britain’s wealth creators abroad, and called for the ban on new...
Google’s Gemini joins rogue AI cases after real-world hacks – WSJ
Similar incidents have previously been disclosed by OpenAI, Anthropic and Meta Google’s Gemini has joined a growing list of advanced...
Richard Gere’s foundation signs Monaco environmental agreement
The Prince Albert II of Monaco Foundation and the Gere Foundation signed a memorandum of understanding in Monaco today, agreeing...