Cincinnati Enquirer

Daily Briefing: This could kill the Kroger merger with Albertsons

Cincinnati Enquirer sent this email to their subscribers on February 5, 2024.

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Advertisement eNewspaper   |    Crosswords   |   Horoscopes Read in browser Cincinnati.com THE DAILY BRIEFING YOUR MORNING NEWS ROUNDUP Mon Feb 5 2024 ALEXANDER COOLIDGE | BUSINESS REPORTER Hello! I’m Alex Coolidge, and I’ve written about most of the region’s major corporations and the local economy since 2005. This week, I wrote about the danger posed by the Washington Attorney General's lawsuit to kill the proposed $25 billion supermarket merger of Kroger and Albertsons. The grocery industry has waited more than a year for regulators at the Federal Trade Commission to decide whether to fight the deal. But now antitrust legal experts caution the state lawsuit is no sideshow. In fact, antitrust law allows state and even consumer lawsuits to challenge big mergers. The Daily Briefing 1 We've waited more than a year for regulators to decide whether to fight the Kroger/Albertsons deal. Enquirer file Well, guess what? In addition to a previous lawsuit by multiple states, there’s also a pending consumer challenge to the merger. Also, several other states – such as Arizona, California, Colorado and Montana – confirmed with The Enquirer they’re investigating the merger, and some acknowledged future litigation is a possibility. “These are serious lawsuits – they are a big threat,” Eleanor Fox, a trade regulation professor at New York University, told The Enquirer. In today’s story, we recap past and pending antitrust litigation of the merger. We also check in with several states to see what action they’re taking. WHAT ELSE YOU NEED TO KNOW MONDAY, FEB. 5 🌞 Weather: High of 51. Plenty of sunshine. 🚋 Meet the woman who helped desegregate Cincinnati’s streetcar system. 🏀 'My dad means the world to me.' Xavier's Quincy Olivari scores 43 points with father courtside. 🏞 Closed floating restaurant in Clermont County secured after breaking off into Ohio River. 🎁 This 4-year-old's birthday was nearly ruined. Then two police officers stepped in to help. – New here?  – TOP STORIES THIS WOMAN HELPED DESEGREGATE CINCINNATI’S STREETCAR SYSTEM Sarah Mayrant Fossett Sarah and Peter Fossett, prominent Black citizens in Civil War-era Cincinnati, stood up to abolish slavery and desegregate the city’s streetcar. READ MORE Advertisement Kroger's Downtown headquarters in Cincinnati. 'SERIOUS LAWSUITS': KROGER MERGER FACES MORE LITIGATION, SCRUTINY The Washington lawsuit or future litigation could kill the Kroger merger with Albertsons, according to antitrust experts. READ MORE Aug 4, 2023; Cambridge, Ohio, USA; A view of Salt Fork State Park from the golf course. Applications have come in to frack beneath Salt Fork State Park in Guernsey County and Wolf Run State Park in Noble County WHO WANTS TO FRACK FOR OIL, GAS UNDER OHIO PARKS? LAW KEEPS IT SECRET The road to fracking under Ohio's state parks and wildlife areas has been paved with secrecy, opponents say. READ MORE May 27, 2019; Boston, MA, USA; NHL commissioner Gary Bettman speaks at a press conference before game one of the 2019 Stanley Cup Final between the Boston Bruins and the St. Louis Blues at TD Garden. Mandatory Credit: Winslow Townson-USA TODAY Sports WILLIAMS: REALITY CHECK. WHY NHL ISN'T COMING TO CINCINNATI Does Cincinnati have a legitimate shot to land an NHL franchise or is this just a bunch of talk? Columnist Jason Williams has the answer. READ MORE Helen Lococo sifts through multiple medical documents she's saved after her husband, Dan Lococo, was incorrectly billed by Ascension. GOT A MEDICAL BILL YOU WEREN'T EXPECTING? TELL US ABOUT IT We want to know how medical billing is affecting readers in Greater Cincinnati. READ MORE Advertisement ELECTIONS /2024 Know Your Vote VOTE WITH CONFIDENCE This 7-day newsletter course will help you be an informed voter before Nov. 5. SIGN UP NOW SUBSCRIBE TODAY Our Reporting. Your Stories. Full access to subscriber-only content on all devices.   Share bonus subscription with a family member or friend.   The universal eNewspaper, the digital version of our print paper, plus bonus monthly magazines and hundreds of local papers.   Original reporting of our hometown teams, from high school sports to the pros. Follow Us Problem viewing email?  •  Manage Newsletters  •    •    •   Privacy Notice  •    •  Feedback
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