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For Kroger-Albertsons challenge, US FTC files redacted proposed conclusions of law, post-hearing brief

( October 2, 2024, 23:06 GMT | Official Statement) -- MLex Summary: The US Federal Trade Commission filed a public redacted version of its proposed findings of fact and conclusions of law and post-hearing brief for its challenge to Kroger's merger with Albertsons. The FTC said that over the course of the weeks-long hearing in an Oregon federal court, the agency and states seeking a preliminary injunction to block the deal "introduced documents, testimony, and economic analysis showing that Kroger’s $24.6 billion acquisition of Albertsons is both presumptively anticompetitive in well over 1,000 local markets around the country and will eliminate significant head-to-head competition between Kroger and Albertsons, leading to higher prices, lower quality, and less choice." See court filing. ...

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