Agency’s Largest Supermarket Divestiture Order to Date Requires Sales to Four Buyers
Washington, DC–(ENEWSPF)–January 27, 2015. Supermarket operators Albertsons and Safeway Inc. have agreed to sell 168 supermarkets to settle Federal Trade Commission charges that their proposed $9.2 billion merger would likely be anticompetitive in 130 local markets in Arizona, California, Montana, Nevada, Oregon, Texas, Washington, and Wyoming.
According to the FTC’s complaint, Albertsons and Safeway compete vigorously on the bases of price, quality,…
