<p>富乐客和迪克体育用品商店。</p>
<p>路透社</p>
<p>参议员伊丽莎白·沃伦呼吁联邦贸易委员会和司法部考虑阻止迪克体育用品公司收购富乐客的提议，她在给这两个机构的信中写道，这笔合并可能会导致裁员、提高价格并减少竞争。</p>
<p>这封信于周二晚上发出，要求这两个机构 “仔细审查” 这笔 24 亿美元的合并，并在他们确定该交易违反反垄断法时 “阻止交易”。沃伦在信中指出，这一合并可能会在运动鞋和其他运动鞋领域形成一个双头垄断，联合公司与其下一个最大竞争对手 JD Sports 之间的竞争。</p>
<p>沃伦写道：“考虑到超过一半的父母 ‘计划牺牲必要品，如食品杂货’，以应对开学购物的价格上涨，这一点尤其令人担忧。” 她引用了 Credit Karma 在七月份进行的一项调查。“运动鞋价格的上涨可能会导致父母面临更大的经济困难。”</p>
<p>沃伦表示，合并的风险因运动鞋店行业的快速整合而加剧。英国的 JD Sports 将美国视为其最大的增长市场，自 2018 年以来，JD Sports 一直在进行收购，收购了 Finish Line、Shoe Palace、DTLR 和 Hibbett 等小型竞争对手。</p>
<p>如果迪克体育用品公司收购富乐客获得批准，两家公司——JD Sports 和合并后的实体——将在美国拥有 5000 家运动鞋店，这可能会对小型企业造成压力，沃伦表示。</p>
<p>她写道：“迪克和富乐客目前相互竞争，并与独立零售商竞争以确保与供应商的交易。新的巨头将显著增强与制造商谈判的有利条件。” 她补充道：“这可能意味着独立零售商在与供应商谈判时处于不利地位，这可能使迪克和富乐客有动机进行反竞争行为，限制供应商与独立零售商的交易。”</p>
<p>在乔·拜登总统任内，联邦贸易委员会采取了积极的合并审查方式，阻止了一些高调的计划合并，包括 Tapestry 收购 Capri 和克罗格收购 Albertson's 的提议。当唐纳德·特朗普总统于一月上任时，华尔街的许多人预计他的政府会使大型合并更容易获得批准。</p>
<p>到目前为止，他的政府已批准至少一项之前被拜登阻止的交易——日本钢铁收购美国钢铁——但尚不清楚联邦贸易委员会和司法部的新领导层将如何看待零售行业的合并，这对消费者的影响可能更为明显。</p>
<p>阿曼达·刘易斯在联邦贸易委员会工作近十年，专注于审查合并，现在是 Cuneo Gilbert 和 LaDuca 的合伙人，她之前告诉 CNBC，这笔合并不太可能引发太多担忧，因为迪克和富乐客合并后将占运动用品市场的约 15%。</p>
<p>刘易斯表示：“通常低于 30% 不会引起太多机构的警觉。”</p>
<p>刘易斯表示，她预计这笔合并将获得批准，最多，迪克可能需要将一些商店出售给竞争对手，以维护当地市场的竞争。她表示，可能需要出售的商店数量在特朗普的联邦贸易委员会下可能会更少，或许更容易接受，而不是在拜登的情况下。</p>
<p>司法部和联邦贸易委员会没有回复评论请求。</p>

富乐客

<p>参议员伊丽莎白·沃伦敦促联邦贸易委员会（FTC）和司法部（DOJ）阻止迪克体育用品公司（Dick's Sporting Goods）以 24 亿美元收购富乐客（Foot Locker），理由是存在反垄断担忧。她认为，这一合并可能导致失业、价格上涨和竞争减少，可能在运动鞋市场形成双头垄断。沃伦强调，由于价格上涨，家庭面临经济压力，并警告称这一合并可能会使独立零售商处于不利地位。尽管一些专家认为该合并可能会获得批准，但他们建议可能需要剥离部分业务以维持地方市场竞争</p>

<p>Foot Locker and Dick's Sporting Good stores.</p>
<div class="lb-trans"><p>富乐客和迪克体育用品商店。</p>
</div><p>Reuters</p>
<div class="lb-trans"><p>路透社</p>
</div><p>Sen. Elizabeth Warren is calling on the FTC and DOJ to consider blocking Dick's Sporting Goods' proposed acquisition of Foot Locker, writing in a letter to the agencies that the merger could cut jobs, raise prices and reduce competition.</p>
<div class="lb-trans"><p>参议员伊丽莎白·沃伦呼吁联邦贸易委员会和司法部考虑阻止迪克体育用品公司收购富乐客的提议，她在给这两个机构的信中写道，这笔合并可能会导致裁员、提高价格并减少竞争。</p>
</div><p>The missive, sent Tuesday evening, asks the agencies to &#34;closely scrutinize&#34; the $2.4 billion merger and &#34;block the deal&#34; if they determine it violates antitrust laws. Warren, D-Mass., argues in the letter, which was seen by CNBC, that the tie-up could create a duopoly in sneakers and other athletic shoes between the combined companies and its next largest competitor, JD Sports.</p>
<div class="lb-trans"><p>这封信于周二晚上发出，要求这两个机构 “仔细审查” 这笔 24 亿美元的合并，并在他们确定该交易违反反垄断法时 “阻止交易”。沃伦在信中指出，这一合并可能会在运动鞋和其他运动鞋领域形成一个双头垄断，联合公司与其下一个最大竞争对手 JD Sports 之间的竞争。</p>
</div><p>&#34;This is particularly concerning given that more than half of parents 'plan to sacrifice necessities, such as groceries,' because of rising prices for back-to-school shopping,&#34; Warren wrote, citing a July survey from Credit Karma. &#34;Higher prices on athletic footwear could lead to further economic hardship for parents.&#34;</p>
<div class="lb-trans"><p>沃伦写道：“考虑到超过一半的父母 ‘计划牺牲必要品，如食品杂货’，以应对开学购物的价格上涨，这一点尤其令人担忧。” 她引用了 Credit Karma 在七月份进行的一项调查。“运动鞋价格的上涨可能会导致父母面临更大的经济困难。”</p>
</div><p>Warren said the risks of the merger are compounded by the rapidly consolidating athletic shoe store sector. Britain's JD Sports has set its eyes on the U.S. as its biggest growth market and, since 2018, has been on a buying spree, snapping up smaller competitors like Finish Line, Shoe Palace, DTLR and Hibbett.</p>
<div class="lb-trans"><p>沃伦表示，合并的风险因运动鞋店行业的快速整合而加剧。英国的 JD Sports 将美国视为其最大的增长市场，自 2018 年以来，JD Sports 一直在进行收购，收购了 Finish Line、Shoe Palace、DTLR 和 Hibbett 等小型竞争对手。</p>
</div><p>If Dick's Sporting Goods' acquisition of Foot Locker is approved, two companies – JD Sports and the combined entity – would own 5,000 athletic shoe stores in the U.S., which could squeeze smaller businesses, Warren said.</p>
<div class="lb-trans"><p>如果迪克体育用品公司收购富乐客获得批准，两家公司——JD Sports 和合并后的实体——将在美国拥有 5000 家运动鞋店，这可能会对小型企业造成压力，沃伦表示。</p>
</div><p>&#34;Dick's and Foot Locker currently compete with each other and with independent retailers to secure deals with suppliers. The new giant would have significantly increased power to extract favorable conditions with manufacturers,&#34; she wrote. &#34;This could mean that independent retailers are at a disadvantage when it comes to negotiating with suppliers, which could give Dick's and Foot Locker an incentive to engage in anticompetitive conduct to restrict suppliers from dealing with independent retailers.&#34;</p>
<div class="lb-trans"><p>她写道：“迪克和富乐客目前相互竞争，并与独立零售商竞争以确保与供应商的交易。新的巨头将显著增强与制造商谈判的有利条件。” 她补充道：“这可能意味着独立零售商在与供应商谈判时处于不利地位，这可能使迪克和富乐客有动机进行反竞争行为，限制供应商与独立零售商的交易。”</p>
</div><p>Under President Joe Biden, the Federal Trade Commission took an aggressive approach to mergers and quashed a number of high-profile planned tie-ups, including Tapestry's proposed acquisition of Capri and Kroger's bid to acquire Albertson's. When President Donald Trump took office in January, many on Wall Street expected that his administration would make it easier for larger mergers to be approved.</p>
<div class="lb-trans"><p>在乔·拜登总统任内，联邦贸易委员会采取了积极的合并审查方式，阻止了一些高调的计划合并，包括 Tapestry 收购 Capri 和克罗格收购 Albertson's 的提议。当唐纳德·特朗普总统于一月上任时，华尔街的许多人预计他的政府会使大型合并更容易获得批准。</p>
</div><p>So far, his administration has approved at least one deal previously blocked by Biden – Nippon Steel's acquisition of U.S. Steel – but it's unclear how new leadership at the FTC and Department of Justice will view mergers in the retail industry, which can be felt more acutely by consumers.</p>
<div class="lb-trans"><p>到目前为止，他的政府已批准至少一项之前被拜登阻止的交易——日本钢铁收购美国钢铁——但尚不清楚联邦贸易委员会和司法部的新领导层将如何看待零售行业的合并，这对消费者的影响可能更为明显。</p>
</div><p>Amanda Lewis, who spent close to a decade scrutinizing mergers at the FTC and is now a partner at Cuneo Gilbert and LaDuca, previously told CNBC the merger is unlikely to raise many concerns because combined, Dick's and Foot Locker would represent around 15% of the sporting goods market.</p>
<div class="lb-trans"><p>阿曼达·刘易斯在联邦贸易委员会工作近十年，专注于审查合并，现在是 Cuneo Gilbert 和 LaDuca 的合伙人，她之前告诉 CNBC，这笔合并不太可能引发太多担忧，因为迪克和富乐客合并后将占运动用品市场的约 15%。</p>
</div><p>&#34;Usually below 30% doesn't raise too many agency red flags,&#34; said Lewis.</p>
<div class="lb-trans"><p>刘易斯表示：“通常低于 30% 不会引起太多机构的警觉。”</p>
</div><p>Lewis said she expects the merger to be approved and at most, Dick's could be required to divest some of its stores to competitors to preserve competition in local markets. The number of stores it would potentially need to divest could be lower and perhaps more palatable under Trump's FTC than Biden's, said Lewis.</p>
<div class="lb-trans"><p>刘易斯表示，她预计这笔合并将获得批准，最多，迪克可能需要将一些商店出售给竞争对手，以维护当地市场的竞争。她表示，可能需要出售的商店数量在特朗普的联邦贸易委员会下可能会更少，或许更容易接受，而不是在拜登的情况下。</p>
</div><p>The DOJ and FTC didn't return requests for comment.</p>
<div class="lb-trans"><p>司法部和联邦贸易委员会没有回复评论请求。</p>
</div>

沃伦参议员要求 FTC 考虑因反垄断担忧阻止 Dick's 与富乐客的合并