• The Federal Trade Commission (FTC) is reportedly preparing a lawsuit to prevent the merger between Tempur Sealy and Mattress Firm.

• This news comes following the announcement by the companies in November 2021 concerning a $1.3 billion merger plan.

• The FTC’s potential move is backed by antitrust concerns, stating that the deal could potentially limit competition within the mattress industry.

• Opponents of the merger argue that it could lead to higher prices for consumers and reduce choice.

• Despite this news, both Tempur Sealy and Mattress Firm remain committed to the proposed merger, stating that it will enhance competition and not stifle it.

• The FTC has not officially announced a lawsuit, and these reports are currently based on information from sources close to the situation.

FTC Plans Lawsuit Against Tempur Sealy and Mattress Firm Merger

Antitrust Concerns lead to potential Legal Hurdles

Potential Impact on the Mattress Industry and Consumers

In a move that might just induce sleepless nights for mattress giants Tempur Sealy and Mattress Firm, the FTC is reportedly prepping a lawsuit to block their cozy $1.3 billion merger deal. Tossing and turning under the weight of antitrust violations, the FTC aims to ensure that consumers aren’t left losing sleep over higher prices or reduced choice. As the potential lawsuit finds its way under the corporate bed of this merger, both companies stand firm, decidedly unmoved by the FTC’s bedtime story. They argue that creating a mattress superpower would really fluff up the competition and not flatten it as accused. While we wait for the FTC to officially tuck its lawsuit into place, we’re left at the edge of our seats—or better yet, the edge of our beds!

originial article https://www.furnituretoday.com/?p=318440

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