Would a merger between tapestry and Capri Holdings damage consumers? Not really, considering that in the market there are giants such as LVMH and Kering, but the FTC (Federal Trade Commission) says it would. US Antitrust authority made an unusual decision for the fashion industry and is attempting to block the 8.5 billion USD merger….
US Antitrust authority oppose the merger between Tapestry and Capri Holdings
