Kroger sues FTC, calling its in-house judges unconstitutional
Source: Reuters
Kroger sues FTC, calling its in-house judges unconstitutional
Jody Godoy
Mon, Aug 19, 2024, 2:48 PM EDT 1 min read
NEW YORK (Reuters) -Kroger sued the U.S. Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain's proposed $25 billion merger with smaller rival Albertsons in its in-house tribunal.
Kroger called the tribunal unconstitutional, saying the matter should be resolved in a federal court.
The lawsuit filed in Cincinnati comes a week before the company is scheduled to face a trial where the FTC has asked a federal judge in Portland, Oregon, to temporarily block the merger while its in-house judges review the deal.
The FTC said in a lawsuit filed in February that the deal will raise prices for millions of Americans and squeeze the labor market for unionized grocery store workers.
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Read more: https://finance.yahoo.com/news/kroger-sues-ftc-calling-house-184804813.html
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