Kroger Co. and Albertson Cos. were wrong to defend their proposed $24.6 billion merger against legal challenge by raising an exemption to antitrust laws for labor activity, according to the National Labor Relations Board.
A federal court in Oregon should reject the grocery companies’ argument that the exemption—which shields employers and workers from antitrust liability for their coordination during collective bargaining—immunizes their proposed merger from antitrust scrutiny, the NLRB said in a filing Wednesday.
The NLRB is seeking court permission to file an amicus brief that responds to Kroger and Albertsons’ labor-based defense to a government bid to halt the ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.