Published on Sep 18, 2024, 1:20:41 PM
Total time: 00:13:28
Hearings on the proposed merger between Kroger and Albertsons ended on Tuesday in Portland. The grocery chains argue that the merger is necessary for them to compete with non-traditional grocers like Costco, Amazon and even Dollar General. But the Federal Trade Commission sued to block the deal in federal court in Oregon on the grounds that it would harm workers and consumers. Lawsuits against the merger are also slated to begin soon in Washington and Colorado. In the meantime, U.S. District Court Judge Adrienne Nelson’s ruling on the Oregon case is expected to have significant implications for the deal.
Elizabeth Hayes has been following the proceedings as a reporter for the Portland Business Journal. She joins us with more details on what she heard over the past few weeks.
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