FTC votes to block merger of Tempur Sealy and Mattress Firm

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

The $4 billion merger, announced in May 2023, would combine the mattress manufacturer, which owns brands Stearns & Foster and Tempur-Pedic, with the nation’s largest mattress retailer.

to block mattress maker Tempur Sealy from buying retail chain Mattress Firm, a merger that regulators said would suppress competition and lead to higher prices.

The $4 billion merger, announced in May 2023, would combine the mattress manufacturer, which owns brands Stearns & Foster and Tempur-Pedic, with the nation’s largest mattress retailer. Regulators said that vertical acquisition would give the company “enormous power at multiple parts of the mattress supply chain” and potentially cut off access to the biggest retail chain for other mattress suppliers.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 95. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

FTC and State AGs Sue to Block Kroger-Albertsons 'Mega Merger'Jake Johnson is a senior editor and staff writer for Common Dreams.
مصدر: commondreams - 🏆 530. / 51 اقرأ أكثر »