Following a public comment period, the Federal Trade Commission has approved an application from SuperValu Inc. to sell one of two supermarkets it bought in 2015, when Safeway and Albertsons merged and were required by the agency to divest 168 stores.
SuperValu will sell the former Albertson’s Store No. 477, in Lake Stevens, Washington, to the Auburn, Washington-based supermarket retailer Saar’s Inc. Saar’s is an independent supermarket operator with seven locations in the greater Puget Sound area.
The FTC’s final decision and order in the Safeway-Albertsons merger case required SuperValu, for three years, to obtain Commission approval before selling any stores it bought as part of the divestiture. It also required SuperValu to sell only to a buyer approved by the Commission.
The Commission vote approving the divestiture application was 2-0. (FTC File No. 141-0108; the staff contact is Dan Ducore, Bureau of Competition, 202-326-2526.)
The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about how competition benefits consumers or file an antitrust complaint. Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.
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