Senator Warren and Jim Cramer Weigh in on Dick's-Foot Locker Merger Concerns
TL;DR Summary
Senator Elizabeth Warren has urged the FTC and DOJ to scrutinize and potentially block the $2.4 billion merger between Dick's Sporting Goods and Foot Locker, citing concerns over reduced competition, higher prices, and job cuts in the athletic footwear sector, especially given the sector's ongoing consolidation and the potential for creating a duopoly.
- Sen. Warren asks FTC to consider blocking Dick's-Foot Locker merger over antitrust concerns CNBC
- Foot Locker Inc (FL): DICK’S Buy Is Due To Nike, Says Jim Cramer Yahoo Finance
- Sen. Warren asks regulators to consider blocking Dick's-Foot Locker deal - report Seeking Alpha
- Senator Warren Flags Anti-Trust Risk In Dick’s Sporting Goods $2.4B Bid For Foot Locker Stocktwits
- Jim Cramer Says “DICK’s is Still Good” Insider Monkey
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