FTC Moves to Block Tempur Sealy and Mattress Firm Merger Over Antitrust Concerns

The Federal Trade Commission (FTC) has filed an antitrust complaint to block a proposed merger in the mattress industry, citing significant concerns regarding the likelihood and degree of potential foreclosure. According to the complaint, internal documents from Tempur Sealy, one of the companies involved, reveal past efforts to exclude other suppliers from Mattress Firm. Furthermore, projections by third-party investors support the FTC’s allegations of potential market foreclosure. This action underscores the regulatory body’s dedication to maintaining competitive market conditions. More details on the FTC’s case can be found here.