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Capri, Tapestry and FTC

Capri, Tapestry Scrap Merger After FTC Wins Blocking Order

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed combination of the US fashion companies due to antitrust regulators’ objections.Tapestry,

UPI News on MSN · 3h

Capri and Tapestry end their $8.5 billion merger after FTC blocked it

Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended their $8.5 billion merger deal Thursday. The deal was blocked by the Federal Trade Commission.

Reuters on MSN · 4h

Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock

Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to compete with major European players.

Barron's · 3h

Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks

Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US regulators.

Meta must face antitrust trial by FTC

The Washington Post on MSN · 19h

FTC antitrust case against Meta can move to trial, court rules

A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal monopoly over social media can proceed to trial, handing the agency a victory after previous setbacks in making its case in court.

The Verge · 19h

Meta must face FTC trial that could separate Instagram and WhatsApp

In a statement to The Verge, Meta spokesperson Christopher Sgro said the company is “confident” the trial will show its acquisitions of Instagram and WhatsApp were “good”

New York Post on MSN · 19h

Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions

A judge largely denied Meta's motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.

Lina Khan’s FTC went

Yahoo · 22h

Lina Khan’s FTC went after Big Tech. Trump could dial that back.

WASHINGTON, DC - MAY 15: Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May 15, 2024 in Washington, DC. Khan testified on the fiscal year 2025 budget ...

Reuters · 1d

The long road to replacing Lina Khan at the FTC

A change of leadership at the U.S. Federal Trade Commission, a central part of the Biden administration's pro-consumer agenda and a lightning rod for corporate criticism, will likely take months under the Trump administration.

UPI · 20h

FTC Chair Lina Khan Testifies on Capitol Hill

Chair Federal Trade Commission Lina Khan shakes hands with U.S. Rep. Matt Gaetz, R-FL during a break before the House Judiciary Committee in a hearing on "Oversight of the Federal Trade Commission (FTC) on Capitol Hill in Washington,

1hon MSN

Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win

The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...

Medpage Today on MSN18h

Will Trump Adopt the Current FTC's Antitrust Posture?

The Federal Trade Commission (FTC) under Chair Lina Khan took an aggressive approach to tackling anticompetitive behavior in ...

The FTC and DOJ’s ‘Monopoly’ Leaks Rob Corporations of What’s Precious

Entities with unlimited resources sullying the reputations of businesses that worked for years and decades to build their ...

WJCL on MSN4h

Ask Asa: New FTC 'Click to Cancel' Rule Faces Pushback

The Federal Trade Commission wants to simplify the process for canceling recurring charges. But there are already ...

1don MSN

FTC comes slamming down on a website as its new rules to create 'truthful and accurate reviews' take effect

The FTC has announced a new crusade to stomp out bad, bought or manipulated reviews. The US agency has most recently taken ...

JD Supra23h

Less, but Still More: FTC Premerger Notification Final Rule

In connection with certain mergers and acquisitions, the FTC and the Antitrust Division of the US Department of Justice ...

TechCrunch on MSN1d

FTC alleges neobank Dave misled customers

Welcome to TechCrunch Fintech! This week, we’re looking at neobank Dave’s “misleading marketing” according to a new FTC ...

CNET on MSN1d

H&R Block Agrees to $7M FTC Settlement and Will Make Downgrading Tax Tiers Easier

H&R Block's online software makes it difficult for customers to downgrade from a paid tier to its free service. But that will ...

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Capri, Tapestry and FTC

Meta must face antitrust trial by FTC

Lina Khan’s FTC went

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