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FTC

NGA ‘appreciates FTC’s commitment to preserving competition’

NGA ‘appreciates FTC’s commitment to preserving competition’

WASHINGTON — The National Grocers Association (NGA), which represents independent food retailers and wholesales, issued a statement supporting the Federal Trade Commission’s decision to challenge the merger of Kroger Co. and Albertsons’ Cos. “Every day, America’s local independent supermarkets face economic challenges due to the influence of massive power buyer chains who use their leverage

FTC sues to block Kroger-Albertsons merger

FTC sues to block Kroger-Albertsons merger

WASHINGTON — The Federal Trade Commission has filed a lawsuit to block Kroger’s proposed $25 billion merger with Albertsons Cos., contending that consumers will see higher prices and workers will see lower wages if the deal goes through. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over

Rite Aid reaches settlement with FTC

Rite Aid reaches settlement with FTC

PHILADELPHIA — Rite Aid Corp. has reached a comprehensive settlement agreement with the U.S. Federal Trade Commission (FTC) regarding the company’s historical use of facial recognition technology to prevent retail theft and issues relating to the company’s compliance with a 2010 Commission Order. Rite Aid will be prohibited from using facial recognition technology for surveillance

FTC to increase scrutiny over pharmacy agent fees

FTC to increase scrutiny over pharmacy agent fees

WASHINGTON — The Federal Trade Commission said it will ramp up enforcement against any illegal bribes and rebate schemes that block patients’ access to competing lower-cost drugs. The enforcement policy statement issued Friday puts drug companies and prescription drug middlemen on notice that paying rebates and fees to exclude competitors offering lower-cost drug alternatives can violate

Delhaize, Ahold agree to sell 86 stores

Delhaize, Ahold agree to sell 86 stores

BRUSSELS — Delhaize Group and Ahold NV said on Thursday that their United States subsidiaries have reached agreements with buyers to divest a total of 86 stores in a limited number of locations in which the companies’ U.S. subsidiaries both operate. These divestments are being made in connection with the Federal Trade Commission’s (FTC’s) pending