US Senator Elizabeth Warren is pushing federal regulators to scrutinize Dick’s Sporting Goods’ planned acquisition of Foot Locker, valued at $2.4 billion. The deal has raised concerns among lawmakers and consumer advocates who fear the combined entity could dominate the athletic retail market, leading to higher prices and reduced competition.
Source: https://www.pymnts.com/cpi-posts/warren-presses-antitrust-agencies-to-weigh-blocking-dicks-foot-locker-deal