Kroger Seeks Federal Court Injunction to Halt FTC’s Internal Proceedings on Albertsons Merger
Kroger Co. is attempting to halt the Federal Trade Commission’s (FTC) internal proceedings against its proposed $24.6 billion acquisition of rival Albertsons Cos., making the case that the FTC’s actions infringe upon constitutional principles. The merger has been under significant scrutiny since February when the FTC, alongside eight states and Washington, DC, filed a lawsuit…