FTC files to block Tapestry, Capri merger

Science

Ftc Files To Block Tapestry, Capri Merger

By The Washington Post

The Federal Trade Commission filed a lawsuit Monday to block the $8.5 billion merger of luxury fashion conglomerates Tapestry and Capri Holdings, a union that regulators say would lead to higher prices for U.S. consumers. “This deal threatens to depr ...Read more

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