US FTC Sues To Block Henkel From Acquiring Liquid Nails
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Dec 12 (Reuters) - U.S. Federal Trade Commission:SUED TO BLOCK HENKEL AG & CO. KGAA, MANUFACTURER OF LOCTITE BRAND CONSTRUCTION ADHESIVES, FROM ACQUIRING LOCTITE’S MAIN COMPETITOR, LIQUID NAILSENFORCEMENT ACTION SEEKS TO LOWER COST OF HOUSING FOR AMERICANS BY PROTECTING U.S. CONSUMERS FROM PAYING HIGHER PRICES FOR MATERIALS TO BUILD AND MAINTAIN HOMESMERGER WOULD ELIMINATE FIERCE COMPETITION BETWEEN LOCTITE AND LIQUID NAILS Source text: here(Berlin newsroom)
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