Vato
229 posts

Vato
@vato_bk
Disclaimer: My tweets are not investment advices,this content is for informational purposes only.

This was my final week as @FTC Chair so I wanted to say thank you.



🚨BREAKING: Oversight Committee Releases Staff Report Finding FTC Chair Khan Abused Authority to Advance the Biden-Harris Administration’s Agenda

Judge Rochon on her $CPRI decision: “Downplaying the importance of handbags as nonessential discretionary items that consumers can simply choose not to buy if the price is too high ignores that handbags are important to many women, not only to express themselves through fashion but to aid in their daily lives.” In the end, a judge’s personal interest and the redefinition by the FTC of the market led to the blocking of the $CPRI - $TPR merger. What a disgrace.



Redefining or even creating a new market and calling it 'affordable luxury' is another hilarious move from the FTC for the $CPRI deal.

The $HA - $ALK merger is still very much open for me, at least for now. The assignment of a DoJ attorney doesn't have to be bad news necessarily, as it can be for settlement talks as well. I guess we will know very soon.




