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Shining Light on Farm & Food Policy for 20 Years.
Monday, August 19, 2024
Kroger and Albertsons have agreed to delay their proposed merger until after a Colorado judge rules on the state’s request to permanently block it, eliminating the need for a preliminary injunction hearing scheduled for Aug. 12.
Food Inc., the movie that riled the agriculture industry back in 2008, is back. This time, as befits a sequel, it’s called “Food Inc., 2” and trains its lens on continued consolidation in the food industry and ultra-processed foods.
Large grocery store firms used their size to get a leg up on their smaller competitors as the pandemic disrupted supply chains, the Federal Trade Commission concluded in a report issued today.
The Federal Trade Commission announced a challenge to Kroger’s $24.6 billion proposed acquisition of Albertsons, arguing the move would raise grocery prices for consumers and threaten workers’ livelihoods.
Gary Millerchip has accepted the position of executive vice president and chief financial officer at Costco and Beth Tritter now serves as a partner at FGS Global in the government affairs division.
Congress continues to move toward a showdown on federal spending this week. But first, the Senate is going to take up a package of three fiscal 2024 spending bills, including the measure to fund the Agriculture Department and Food and Drug Administration.
The top officials at Kroger and Albertsons tried on Tuesday to assure senators worried about food prices and industry consolidation that consumers will benefit from their supermarket giants' proposed $24.6 billion merger.
