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A Colorado judge has issued an order temporarily blocking the proposed $24.6 billion merger between the nation’s two largest supermarket chains ahead of an antitrust trial in state court set to begin in September.
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The Federal Trade Commission and 9 states want to stop the deal that would combine the country's two largest grocery store chains. The companies say they have to merge to compete with Walmart.
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It’s Friday, which means it's time for our Reporter Roundtable when Idaho Matters gets you up-to-date on all the news that made headlines this past week.
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The state's Attorney General Bob Ferguson argues that the merger would severely impact Washingtonians. More than 50% of people in the state shop at one or the other of the stores.
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America's two largest supermarket chains have struck a $25 billion deal to combine. Now the FTC is about to decide whether it will block or allow it, and under what conditions.
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Idaho Matters takes a look at the news that made headlines this week, including the verdict of the Lori Vallow Daybell trial, how the Fentanyl crisis is affecting Idaho and why volenteer numbers are dropping everywhere except the Mountain West.
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Idaho Matters takes a look at the news that made headlines this week, including an update on the two vacant seats on the Boise City Council, a look at the proposed Albertsons-Kroger merger and the latest news on the house where four U of I students were killed last year.
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The final roadblock to the payment came down Tuesday, when the Washington State Supreme Court declined to review a lower court ruling favoring Albertsons.
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At a committee hearing from the Senate Judiciary Committee on Tuesday, senators questioned Kroger CEO Rodney McMullen and Albertson CEO Vivek Sankaran about the proposed merger, examining whether the grocers’ plan would lead to a monopoly.
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A temporary restraining order blocking the dividend payout was extended seven days to allow witness testimony from Albertsons and Kroger executives.