Court Begins Hearing Antitrust Case Against Albertsons' Merger With Kroger
LOS ANGELES, CALIFORNIA - AUGUST 26: The Albertsons logo is displayed at an Albertsons supermarket on August 26, 2024 in Los Angeles, California. A federal judge in Oregon is hearing arguments today after the Federal Trade Commission and several states sued to block the planned merger between grocery chains Kroger and Albertsons. Mario Tama/Getty Images

Major grocers, Albertsons, and Vons, have agreed to pay nearly $4 million to settle allegations of false advertising and unfair competition after being accused of misleading customers about product pricing and weights.

The settlement follows a civil complaint filed by a group of California district attorneys, pointing out systematic issues with the grocery chain's pricing practices, according to KTLA News.

Consumers reported that Albertsons, affiliated with the chain, had been charging higher prices than advertised. They also noted major discrepancies in the weights and sizes of various products, including baked goods, produce, and meats.

On Thursday, George Gascón, Los Angeles County District Attorney, announced that Albertsons would be paying out a $3.9 million settlement, which includes over $3 million in civil penalties and roughly $750,000 in restitution for costs associated with filing.

Following the prosecution of the case, Albertsons and its affiliates must cease any misleading advertising practices and ensure compliance with price accuracy standards. The chain will also undergo a three-year independent audit to verify adherence to these regulations.

The complaint was rolled out to enforce consumer protection laws and hold businesses accountable for fair practices. Albertsons has not admitted any wrongdoing.

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