nsacpi
Expects Yuge Games
As I said: Mission Accomplished. The future is ours.
The Biden Presidency
- Thread starter The Tariff King
- Start date
As I said: Mission Accomplished. The future is ours.
sturg33
I
At least you're finally seeing your profession as the joke that the rest of the country sees
sturg33
I
The one saving grace that gives me hope is how ****ing stupid the academic class is, and how retarded they have turned their students into
A stupid, weak and pathetic enemy
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sturg33
I
In my experience, exclusivity is much greater than inclusion. But you are free to open your home to the wonderful world of inclusive diversity
acesfull86
Well-known member
https://www.reuters.com/markets/deals/us-ftc-sues-block-85-bln-takeover-capri-by-tapestry-2024-04-22/
April 22 (Reuters) - The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry's (TPR.N) $8.5 billion deal to buy Michael Kors owner Capri (CPRI.N), saying it would eliminate "direct head-to-head competition" between the flagship brands of the two luxury handbag makers.
"The proposed merger threatens to deprive millions of American consumers of the benefits of Tapestry and Capri's head-to-head competition, which includes competition on price, discounts and promotions, innovation, design, marketing and advertising," the FTC said.
The U.S. luxury market is highly fragmented with several differentiated brands catering to a wide range of consumers, antitrust experts said, arguing that legacy fashion brands typically face healthy competition from labels launched every year.
"The FTC's decision to sue is surprising because there's no shortage of competition for fashion, apparel and accessories. The commission has latched onto a marketing term - 'accessible luxury' - and treats it like a unique market that exists in a vacuum," said Howard Hogan, chair of the fashion, retail and consumer practice at law firm Gibson Dunn.
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Of all the unqualified charlatans nominated to positions by Biden, I think I’d give the championship belt to Lina Khan leading the FTC.
April 22 (Reuters) - The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry's (TPR.N) $8.5 billion deal to buy Michael Kors owner Capri (CPRI.N), saying it would eliminate "direct head-to-head competition" between the flagship brands of the two luxury handbag makers.
"The proposed merger threatens to deprive millions of American consumers of the benefits of Tapestry and Capri's head-to-head competition, which includes competition on price, discounts and promotions, innovation, design, marketing and advertising," the FTC said.
The U.S. luxury market is highly fragmented with several differentiated brands catering to a wide range of consumers, antitrust experts said, arguing that legacy fashion brands typically face healthy competition from labels launched every year.
"The FTC's decision to sue is surprising because there's no shortage of competition for fashion, apparel and accessories. The commission has latched onto a marketing term - 'accessible luxury' - and treats it like a unique market that exists in a vacuum," said Howard Hogan, chair of the fashion, retail and consumer practice at law firm Gibson Dunn.
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Of all the unqualified charlatans nominated to positions by Biden, I think I’d give the championship belt to Lina Khan leading the FTC.
Tapate50
Well-known member
Chipflation, Big Sandwich, and Luxury handbag access. All vital elements of todays world that has topped the dem playbook this year. Oh and donating tons of tax payer funds to forgive loans for the top 20%.
CHEFS KISS
The movement of younger black males to Trump is real.
Tapate50
Well-known member
Lol she’s bat ****. No ones dumb enough to believe that if you can’t get away with it on msnbc.
nsacpi
Expects Yuge Games
A better place to focus antitrust resources is the healthcare industry where there has been an enormous amount of consolidation. To the detriment of the consumer.
https://wapo.st/3WqVRsZ
The leaders in that sector seem to view the airline industry as an appropriate model. Quote from the CEO of a large healthcare company: "It is no secret how far the consolidation curve the hospital sector is compared to others, such as airlines." That was about 10 years ago. They have certainly been moving fast toward the "airlines model."
Btw it is a lot cheaper flying around Europe than around this country thanks to the EU having an antitrust policy that has not allowed the consolidation we've seen in this country.
If antitrust policy is to err, I'd rather it err on the side of excessive aggression than passivity.
https://wapo.st/3WqVRsZ
The leaders in that sector seem to view the airline industry as an appropriate model. Quote from the CEO of a large healthcare company: "It is no secret how far the consolidation curve the hospital sector is compared to others, such as airlines." That was about 10 years ago. They have certainly been moving fast toward the "airlines model."
Btw it is a lot cheaper flying around Europe than around this country thanks to the EU having an antitrust policy that has not allowed the consolidation we've seen in this country.
If antitrust policy is to err, I'd rather it err on the side of excessive aggression than passivity.
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