A US senator has expressed concerns that the proposed merger between Dick’s Sporting Goods and Foot Locker could significantly decrease competition in the retail market, potentially leading to higher prices for consumers.
The deal, which is set to be reviewed by regulatory authorities tomorrow, has been identified as a risk by Mlex, a provider of business intelligence news. The company’s experts will be providing in-depth analysis on the proposal, which could have far-reaching implications for businesses and clients alike.
Mlex offers various tools to help organizations stay informed about antitrust developments, including daily newsletters, custom alerts, predictive analysis, and curated case files. Subscribers can experience these resources with a 14-day free trial.
Source: https://www.mlex.com/mlex/dealrisk/articles/2374132/dick-s-foot-locker-combination-could-decrease-competition-raise-prices-us-senator-warns