Regulators are expected to meet next week to discuss the $8.5 billion deal between Coach’s owner, Tapestry, and Michael Kors’ parent company, Capri Holdings, which would create a U.S. luxury conglomerate.
Category: Federal Trade Commission
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The F.T.C. Boosts Biden’s Fight Against Inflation
The regulator’s move to block Kroger’s $25 billion bid for Albertsons could win the president points with voters squeezed by rising prices.
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An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation
With few unilateral options and little hope of legislation from Congress, the president’s early investment in competition policy could pay a political dividend.
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F.T.C. Sues to Block Kroger-Albertsons Grocery Store Deal
The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.
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The $50K Scam: F.T.C., C.I.A. and Amazon Weigh In on NY Magazine’s Charlotte Cowles
New York Magazine’s money columnist wrote about being conned out of $50,000 by crooks pretending to be from Amazon and government agencies. We asked the company and agencies for comment.
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US Agencies Start Inquiry Into Generic Drug Shortages
The F.T.C. and H.H.S. are examining the tactics of group purchasing organizations that generic industry executives say have led to scarce supplies of treatments like chemotherapy.
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F.T.C. Warns Dozens of Funeral Homes to Provide Accurate Costs to Callers
The agency said an “undercover phone sweep” of more than 250 homes found that 38 failed to provide prices or supplied inconsistent prices in separate calls.
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Apple Takes Messaging Crackdown to Customers’ Macs
Beeper Mini customers were using their Mac computers to connect to iPhone messaging on their Android phones. Now, they say Apple has blocked the messaging service on their Macs.
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N.S.A. Buys Americans’ Internet Data Without Warrants, Letter Says
The disclosure comes amid congressional scrutiny and a Federal Trade Commission crackdown on commercial data brokers.