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Federal trial over Safeway–Fred Meyer merger will be in Portland
As reported in the March edition of the North Peninsula Review, the parent companies of Fred Meyer and Safeway (Kroger and Albertsons) proposed the largest grocery store merger in US history in 2022. The Federal Trade Commission (FTC) sued to block the merger on February 26, 2024, saying it violates antitrust laws against monopoly. The…
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FTC blocks Safeway-Fred Meyer merger
National news on the proposed merger of Kroger (Fred Meyers) and Albertsons (Safeway) could potentially affect the Peninsula and Interstate Fred Meyers and St. Johns Safeway. The two parent companies of the stores proposed a $24.6 billion merger in 2022. On Monday, February 26, Federal Trade Commission (FTC) announced its decision on the merger. They…

