Reported about 2 months ago
Kroger is suing the Federal Trade Commission (FTC), arguing that the agency is unconstitutionally using its in-house tribunal to dispute Kroger's $25 billion merger with Albertsons. This lawsuit might significantly change how the government regulates mergers, potentially limiting the FTC's power to curb monopolies. Experts warn that a victory for Kroger could lead to fewer checks on corporate mergers, with negative implications for consumers through potential higher prices and reduced competition.
Source: YAHOO