FTC unanimously moves to block Tempur Sealy's purchase of Mattress Firm

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The Federal Trade Commission says mattress maker Tempur Sealy's $4 billion acquisition of Mattress Firm would allow the world's largest mattress supplier to suppress competition that would result in higher prices for shoppers.

<p>NEW YORK — The Federal Trade Commission has unanimously voted to bring a lawsuit against mattress maker Tempur Sealy to block its $4 billion acquisition of Mattress Firm, saying the deal&#x

 Acquiring Mattress Firm would also help Tempur Sealy buck the current slowdown in sales, caused by the cost-of-living crisis and many households having upgraded their mattresses during the pandemic, analysts said.

 

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