Keyword: acquisitions

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US

Supermarket Merger

This US survey examines: The FTC is opposed to Kroger’s proposed acquisition of Albertsons. Critics argue that with sufficient divestitures, the deal would be consistent with past FTC policies; (a) Kroger’s proposed acquisition of Albertsons would lead to substantially higher grocery prices and/or lower product quality/services for their customers (b) Kroger’s proposed acquisition of Albertsons would have a substantially negative effect on the two companies’ workers; (c) The public interest would be better served if antitrust policy were changed so that when a proposed merger means a market will reach a certain level of concentration, the onus is on the merging parties to show that consumers and workers will not be harmed.