The proposed Albertsons-Kroger merger is again under the microscope.
Several lawsuits are currently in the works. At hearings in Colorado and Washington State, lawyers argued the merger would decrease competition and raise prices for consumers. It has been a sticking point for state attorney generals as well as the Federal Trade Commission.
Lawyers for the chains argued Wal-Mart is the real threat, saying they have a significant price lead in the market. No decisions were made this week, and both judges have set deadlines for later next month.
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The action follows the March 13 ruling by the U.S. Court of Appeals for the Ninth Circuit, which upheld a district court decision denying a preliminary injunction that sought to halt the exchange.
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TYM North America unveiled two new Series 5 tractor models at the National Farm Machinery Show and announced an exciting new partnership for the NASCAR Craftsman Truck Series.
House ag leaders had hoped to get the Farm Bill voted on by Easter, but no dates have been secured just yet.
