Loading...
Loading...
Browse all stories on DeepNewz
VisitWill Kroger's motion for a preliminary injunction be granted by Dec 31, 2024?
Yes • 50%
No • 50%
U.S. District Court, Southern District of Ohio court records and public announcements
Kroger Sues FTC to Block $25 Billion Albertsons Merger, Citing Unconstitutional Review
Aug 19, 2024, 08:17 PM
Kroger has filed a lawsuit against the U.S. Federal Trade Commission (FTC) in an attempt to block the regulator's review of its proposed $25 billion merger with Albertsons. The grocery chain is challenging the FTC's decision to conduct the review through its in-house tribunal, which Kroger argues is unconstitutional. This legal action was initiated in the U.S. District Court, Southern District of Ohio, where Kroger filed a motion for a preliminary injunction to halt the FTC's administrative proceedings. The FTC has been accused by Kroger of splitting the merger challenge into two tribunals, while the FTC has also accused Albertsons executives of deleting text messages related to the merger. Kroger claims that the FTC's process could take years to reach a final decision, potentially hindering the merger. Kroger also sued Lina Khan, the FTC Chair, as part of its legal strategy.
View original story
Granted • 25%
Denied • 25%
Partially Granted • 25%
Withdrawn • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Appeal successfully overturns the decision • 25%
Appeal is unsuccessful • 25%
Kroger withdraws from the deal • 25%
Other legal or regulatory outcome • 25%
Merger Approved • 25%
Merger Blocked • 25%
Merger Approved with Conditions • 25%
Other Outcome • 25%
Kroger wins • 25%
Still in progress • 25%
Case settled • 25%
FTC wins • 25%
Still under review • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%