The FTC announced a lawsuit that blocks a merger between luxury brands Tapestry and Capri. The FTC claims Tapestry's acquisition of Capri could make more affordable luxury bag options expensive.
BLOOMBERG NEWS FTC sues to block Tapestry-Capri ... Meta’s acquisition of virtual reality startup Within, and Microsoft’s bid for gaming giant Activision. — NEW YORK TIMES ...
The FTC, under the guidance of chair Lina Khan, has gone after a series of mergers and acquisitions over the past few years, including Microsoft's purchase of Activision Blizzard and Meta's purchase ...
The Capri/Tapestry deal received a request for more information from the FTC in November. Last Monday the European Commission approved the Capri (CPRI) deal. The transaction also received approval ...
The FTC pointed to Microsoft’s record of acquiring and using gaming content to suppress competition from rival consoles, including its acquisition of ZeniMax, parent company of video game firm ...
This comes at a time when several US lawmakers have sought increased scrutiny from the FTC of several multi-billion dollar deals that might risk higher prices and affect consumers. US antitrust ...
The Capri/Tapestry deal received a request for more information from the FTC in November. Last Monday the European Commission approved the Capri (CPRI) deal. The transaction also received approval ...
This also points to the perverse incentives at the FTC. The more antitrust lawsuits the agency files, the more people it needs to hire. The FTC’s budget for 2024 is $425 million, and little ...
The FTC in late April sued online bill paying company Doxo.com, accusing the Bellevue, Washington-based company of duping consumers into believing they were making payments through their biller ...
Monday's federal court filing by the FTC challenges the proposed deal that would have one company controlling six fashion brands: Tapestry's Coach, Kate Spade and Stuart Weitzman and Capri's ...
while hourly workers stand to lose the benefits of higher wages and more favorable workplace conditions,” Henry Liu, director of the FTC’s bureau of competition, said in a news release.