Lawyers make final pitch for Kroger/Albertsons merger in federal court ...Middle East

NBC Chicago - News
Lawyers make final pitch for Kroger/Albertsons merger in federal court
The federal government urged a U.S. District Court judge on Tuesday to temporarily prevent a proposed merger between Kroger and Albertsons, saying in closing arguments the combination would “almost certainly” benefit shareholders and not everyday shoppers. Lawyers for the Federal Trade Commission and for the supermarket chains gave their closing arguments at the end of a three-week hearing on the commission’s request for a preliminary injunction to block the $24.6 billion deal. Kroger and Albertsons argued their merger would preserve consumer choice by allowing them to better compete against growing rivals like Walmart, Costco and Amazon. “If we don’t do something, the corner

Hence then, the article about lawyers make final pitch for kroger albertsons merger in federal court was published today ( ) and is available on NBC Chicago ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Lawyers make final pitch for Kroger/Albertsons merger in federal court )

Apple Storegoogle play

Last updated :

Also on site :