@cnbc: A U.S. judge blocked the pending $25 billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, siding with the U.S. Federal Trade Commission in a win for the Biden administration. The FTC argued at a three-week trial in Portland, Oregon, that the merger would eliminate head-to-head competition between the top two traditional grocery chains, leading to higher prices for shoppers and reduced bargaining leverage for unionized workers. Kroger fought those claims, saying the deal would bring prices down, particularly at Albertsons stores, where it said prices are 10-12% higher than at Kroger stores. Find more details at the link in bio.

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Region: US
Tuesday 10 December 2024 21:01:57 GMT
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nicklvegas
Nick F :
Is Albertsons that big anymore ? They all closed in Florida
2024-12-10 22:37:05
7
gypsysphoenix_2
Kandy Hutson :
Albertsons has many other grocery chains in their control.
2025-02-19 19:20:28
0
wickgene976
wickgene976 :
Kroger management is terrible
2024-12-10 23:08:43
13
roman.a.oulko
Roman :
Good, less competition not good for public.
2024-12-10 21:26:12
8
patricklowe6.0
patricklowe6.0 :
but dish can buy drict TV go figure did not pay lobbyist enough money
2024-12-11 12:31:59
4
bpchino4545
L1011 :
Good news Kroger stinks now
2024-12-10 22:15:10
4
michelleistakenagain
michelleistakenagain :
Great news. We need to break up monopolies and add more regulations on corporations.
2024-12-10 22:49:08
3
jtw101
JTW101 :
Thank God
2024-12-10 21:09:34
3
nevajoe77
NEVAJOE :
Great news!
2024-12-11 15:03:44
2
pearlbks
pearlbks :
awesome news
2024-12-11 09:10:50
2
miles2goooo
Miles2go :
Good
2024-12-11 03:09:44
2
instagator89
InstaGator :
How is this antitrust when it doesn’t even make them the biggest grocer? Sounds like judge is in Walmarts pocket
2024-12-11 02:44:13
2
kevintousley4
Rover :
That’s alright, their going to raise their prices by 6% and give their executives a 50% increase while screwing the employees
2024-12-11 01:27:01
2
vicki.lester
Vicki Lester :
Yay!! Letting them merge would be a huge mistake
2024-12-10 22:33:44
2
bolt_technologies
Bruce Wayne :
buy xrp now
2024-12-10 21:06:11
2
1jduffy
1jduffy :
Great. The US govt finally stopped the steal.
2024-12-11 03:05:28
1
gdeflorio
Guy DeFlorio :
Everyone boycott all the Left News and those that hoped for his assassination shooter didn't miss and cover-ups 🇺🇸
2024-12-11 02:01:47
1
darkf811
DARKF8 :
Kroger already got everyone's data from Safeway App. Should be illegal.
2024-12-11 01:28:09
1
tomhiggins961
tomhiggins961 :
Good.
2024-12-11 00:35:27
1
captankrunch
beer30 :
this is bs
2024-12-11 00:28:36
1
platosparadox
PlatosParadox :
Typical. Let M&A do its thing. How can these companies compete with Walmart or Target? You need more oligopolies to keep each other in check.
2024-12-10 21:43:03
1
grizz_auggie
Bret Comyn :
Let Trader Joe’s buy it and these local Albertsons will boom!
2024-12-10 21:14:56
1
djwarparty
Warparty Media :
Thankfully! Kroger is finally being exposed for its practices
2025-02-09 20:30:20
0
user033719010
Brandy Jones :
😁😁😁
2024-12-12 19:40:13
0
antonepazer
antonepazer :
😁😁😁
2024-12-12 17:39:35
0
user6707766372738
user6707766372738 :
😂😂😂
2024-12-12 11:06:17
0
kristinehicks319
Jhicks69 :
🤟🤟🤟
2024-12-12 01:51:16
0
niroku329
Niroku329 :
😳😳😳
2024-12-11 23:29:43
0
jellybean3961
jellybean :
relieved...this was too much control, too big....
2024-12-11 23:01:57
0
ogbatanen
Thomas :
🤔🤔 monopoly. bet you, if either company was owned by Nancy Pelosi, they would let it merge.
2024-12-11 22:25:00
0
tlittleadventures
TL ADVENTURES :
They had to wait until Nancy Pelosis stock deal goes through.
2024-12-11 21:08:31
0
de_americannightmare
Cody Rhodes💙 :
Twice the price for half of the product!
2024-12-11 19:38:24
0
robbburden
Robb :
Good
2024-12-11 19:16:43
0
ralphkmg365
ralphkmg365 :
But let Trump be president
2024-12-11 18:19:59
0
winfredsmith30
winfredsmith30 :
Kroger and Walmart is the same company
2024-12-11 17:43:27
0
jg9476
Tik Toker :
🤣🤣🤣
2024-12-11 15:07:30
0
monica_peace_anderson
MONICA ANDERSON :
everyone should move their assets to QFS so you don't regret it
2024-12-11 10:32:15
0
efx1trading
EFX 📉📈 💯 :
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2024-12-11 10:10:05
0
mr.casper_54
Mr Casper :
286...💀
2024-12-11 08:28:43
0
vijay.lih
Vijay Lih :
Good
2024-12-11 04:37:14
0
anime_girly_23
Blondie J 💐 :
Good, America is too monopolistic already
2024-12-11 03:58:22
0
mamachiro
MamaChiro :
Karma for them telling Biden they wouldn't lower prices unless he approved their merger.
2024-12-11 02:27:45
0
halik.mark
Marky_Mark :
Kroger has made my chain terrible. Everything has gone down hill since we merged with them
2024-12-11 02:08:02
0
azolivas
azolivas :
Good
2024-12-11 01:26:40
0
beth.mcrae
Beth McRae :
Kroger fell apart during the pandemic
2024-12-11 01:13:30
0
thomasvannurden2
😀Thomas👋 :
Getting to big is never a good thing
2024-12-10 23:37:10
0
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