Mergers & Acquisitions Mergers & Acquisitions

Comment: Tapestry-Capri lawsuit by US FTC relies in part on underdeveloped labor theory of harm

By Ilana Kowarski
  • 01 May 2024 03:27
  • 01 May 2024 16:43
Fashion houses Tapestry and Capri Holdings face claims from the US Federal Trade Commission that their proposed merger would create an employer with anticompetitive buyer power and harm workers in the luxury style industry, especially hourly laborers who are non-unionized. These FTC claims were prominently highlighted in the agency’s announcement of

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