Overview
- The FTC may file an antitrust lawsuit to prevent the merger, citing concerns over reduced competition and higher prices for consumers.
- European Union and Japan have already approved the merger, highlighting differing international stances on the deal.
- Investors are increasingly skeptical, with Capri's stock falling significantly amid regulatory uncertainties.
- Experts argue that the luxury fashion market is highly competitive, suggesting the merger might not limit consumer choices as feared.
- FTC's decision could set a precedent in how similar cases are handled in the volatile luxury goods market.