U.S. Federal Trade Commission building. Federal Judge Grants FTC Motion Blocking Proposed Kroger-Albertsons Merger
"The FTC, along with our state partners, scored a major victory for the American people, successfully blocking Kroger's acquisition of Albertsons," Federal Trade Commission competition director Henry Liu said of a court ruling granting a preliminary injunction.
December 10, 2024 at 08:23 PM
3 minute read
What You Need to Know
- The Federal Trade Commission secured a preliminary injunction blocking the proposed Kroger-Albertsons grocery chain merger.
- Arnold & Porter Kaye Scholer, Stoel Rives and Weil, Gotshal & Manges represented Kroger.
- Angeli Law Group, Dechert and Williams & Connolly represented Albertsons.
A federal judge has blocked Kroger’s proposed acquisition of rival grocery chain Albertsons in a Tuesday ruling favoring the Federal Trade Commission.
“Plaintiffs are likely to succeed on the merits and the equities weigh in favor of an injunction,” Oregon U.S. District Judge Adrienne Nelson wrote in her opinion. “The proposed merger between defendants Kroger Company and Albertsons Companies Inc. is enjoined pending the outcome of the administrative proceedings before the Federal Trade Commission.”
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