The Federal Trade Commission filed a lawsuit Monday to block the $8.5 billion merger of luxury fashion conglomerates Tapestry and Capri Holdings, a union that regulators say would lead to higher ...

FTC sues to block luxury fashion merger of Tapestry and Capri Holdings Federal regulators claim the move would lead to higher prices for U.S. consumers and worsen workplace conditions for ...

The US Federal Trade Commission said on Monday it was suing to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate competition.

The Federal Trade Commission is suing to block Tapestry's $8.5 billion acquisition of Capri Holdings, saying the deal would harm consumers by reducing competition and raising prices in the ...