Albertsons has initiated legal action against Kroger, claiming a breach of contract regarding their failed merger, which aimed to compete with larger food retailers.
Both a federal district court and a state court blocked the $24.6 billion merger, emphasizing that it would harm shoppers by reducing competition.
Albertsons is now pursuing damages that could reach billions, along with claiming the $600 million breakup fee, arguing it was not sufficiently supported by Kroger.
The FTC stated that the merger would significantly limit consumer choices and lead to higher prices, countering Kroger and Albertsons' claims of increased competitiveness.
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