The new president plans to impose steep tariffs on imports and has shaken up federal agencies that handle merger reviews and labor relations.
In its official statement, the FTC emphasized that the merger would eliminate “fierce competition” between Kroger and Albertsons, which has historically kept prices in check. The agency also raised ...
FTC Halts Kroger-Albertsons Merger: What It Means for Consumers and the Retail Industry – ISN Reveal
FTC Chair Lina Khan stated that allowing such a merger would have created “a market that is less competitive and more susceptible to price manipulation.” Consumer advocacy groups had also argued that ...
Sources close to the matter said Aldi has been working with investment bankers for weeks to divest some of the nearly 400 ...
Donald Trump vowed to slash grocery prices as soon as he took office, yet he has barely addressed the cost of food in the ...
U.S. Sen. Elizabeth Warren, D-Mass., and Rep. Jim McGovern, D-Mass., led 19 of their congressional colleagues in writing to President Donald Trump, exhorting him to take steps to lower the prices of ...
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