Loading...
Market
What will be the outcome of the Kroger and Albertsons merger trial by December 31, 2024?
2
Resolution / Starting Odds
Merger Approved • 25%
Merger Blocked • 25%
Partial Approval with Conditions • 25%
Settlement Reached • 25%
Court rulings, major news outlets (e.g., Reuters, Bloomberg)
Story
Kroger and Albertsons Defend $24.6B Merger in Court Against FTC Objections on August 26
Aug 26, 2024, 06:09 PM
Kroger and Albertsons are defending their proposed $24.6 billion merger in federal court against objections from the U.S. Federal Trade Commission (FTC). The FTC argues that the merger would reduce competition, increase grocery prices, and weaken the bargaining power of unionized workers. The trial, taking place in Portland, Oregon, on August 26, is a significant test of FTC Chair Lina Khan's initiative to use antitrust laws to protect consumers and workers. Kroger and Albertsons announced their merger plans in October 2022, stating that the merger would help them compete with larger rivals like Walmart and Costco. They have also proposed selling off stores in overlapping markets to address regulatory concerns. The outcome of this trial could have wide-ranging implications for the grocery industry and consumer prices in the U.S.
View original story
Similar markets
Merger Approved • 25%
Merger Blocked • 25%
Merger Approved with Conditions • 25%
Other Outcome • 25%
Merger proceeds after appeal • 25%
Merger is permanently blocked • 25%
Kroger withdraws merger bid • 25%
Other outcome • 25%
Merger approved without conditions • 25%
Merger approved with conditions • 25%
Merger blocked • 25%
Merger withdrawn • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Withdrawn by companies • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Delayed decision • 25%
Merger approved without conditions • 25%
Merger approved with conditions • 25%
Merger rejected • 25%
Other • 25%
Merger approved with conditions • 25%
Merger approved without conditions • 25%
Merger permanently blocked • 25%
Merger abandoned by companies • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Pending decision • 25%
Merger approved after appeal • 25%
Merger abandoned • 25%
Merger restructured and approved • 25%
Merger remains blocked • 25%
Albertsons wins full claim • 25%
Albertsons wins partial claim • 25%
Kroger wins • 25%
Settlement reached • 25%
Albertsons wins • 25%
Case dismissed • 25%
Albertsons wins full damages • 25%
Albertsons wins partial damages • 25%
Albertsons wins • 25%
Kroger wins • 25%
Settlement reached • 25%
Case dismissed • 25%
Appeal successfully overturns the decision • 25%
Appeal is unsuccessful • 25%
Kroger withdraws from the deal • 25%
Other legal or regulatory outcome • 25%