ICLE on Kroger-Albertsons Divestitures
WCPO-TV – An ICLE white paper about the proposed merger of Kroger and Albertsons was cited by WCPO-TV in Cincinnati in a story about the companies’ proposed divestitures. You can read full piece here.
The International Center for Law & Economics said that kind of talk puts Khan “on a collision course with the law.” Its Oct. 17 white paper predicts the FTC will lose if it challenges the Kroger-Albertsons merger.
“Only one supermarket merger has been challenged in court since American Store’s acquisition of Lucky Stores in 1988: the Whole Foods/Wild Oats merger in 2007. Over the last 35 years, the FTC has allowed every other supermarket merger and most retail-store transactions to proceed with divestitures,” said the report.