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Eugene

(62,686 posts)
Mon Aug 19, 2024, 10:58 PM Aug 2024

Kroger sues FTC, calling its in-house judges unconstitutional

Source: Reuters

Kroger sues FTC, calling its in-house judges unconstitutional

Jody Godoy
Mon, Aug 19, 2024, 2:48 PM EDT 1 min read

NEW YORK (Reuters) -Kroger sued the U.S. Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain's proposed $25 billion merger with smaller rival Albertsons in its in-house tribunal.

Kroger called the tribunal unconstitutional, saying the matter should be resolved in a federal court.

The lawsuit filed in Cincinnati comes a week before the company is scheduled to face a trial where the FTC has asked a federal judge in Portland, Oregon, to temporarily block the merger while its in-house judges review the deal.

The FTC said in a lawsuit filed in February that the deal will raise prices for millions of Americans and squeeze the labor market for unionized grocery store workers.

-snip-

Read more: https://finance.yahoo.com/news/kroger-sues-ftc-calling-house-184804813.html

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Kroger sues FTC, calling its in-house judges unconstitutional (Original Post) Eugene Aug 2024 OP
Monopoly? yankee87 Aug 2024 #1
Kroger is running ads now KT2000 Aug 2024 #2
Mitch's wife sits on Kroger BOD /nt bucolic_frolic Aug 2024 #3
Now that's what I call "food and DRUGS" peppertree Aug 2024 #4

KT2000

(20,874 posts)
2. Kroger is running ads now
Tue Aug 20, 2024, 12:19 AM
Aug 2024

saying that Albertson/Kroger would reduce prices. Kroger can't even keep their own IT straight and working - what are they going to do with a monopoly? Too bad for us.

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