Kroger Sues FTC on Accusation of Unconstitutional Power Grab Over Albertsons Merger

Grocery chain Kroger Co. (NYSE: KR) has filed a lawsuit against the Federal Trade Commission (FTC) and its Chair, Lina Khan, challenging the constitutionality of the agency’s ongoing administrative proceedings to block Kroger’s proposed $24.6 billion merger with Albertsons Companies, Inc. This legal battle, unfolding in the Southern District of Ohio, underscores a significant confrontation … Continue reading Kroger Sues FTC on Accusation of Unconstitutional Power Grab Over Albertsons Merger