Chevron Fallout: Kroger Claims The FTC Is Unconstitutional
Yep, Kroger's position is that the FTC is unconstitutional and that Lina Khan's ongoing proceedings against a Kroger merger is illegal. And where did they get this crazy idea? The Chevron decision, which makes no sense to anybody except SCOTUS and corporate boards. Via Deep Dive:
Grocery chain Kroger Co. has filed a lawsuit against the Federal Trade Commission (FTC) and its Chair, Lina Khan, challenging the constitutionality of the agency’s ongoing administrative proceedings to block Kroger’s proposed $24.6 billion merger with Albertsons Companies, Inc.
This legal battle, unfolding in the Southern District of Ohio, underscores a significant confrontation between corporate America and federal regulatory authorities, with far-reaching implications for the boundaries of executive power and administrative law.