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Tempur Sealy International, Inc. and Mattress Firm Group Inc., In the Matter of

The Federal Trade Commission moved to block Tempur Sealy International, Inc.’s (Tempur Sealy) proposed $4 billion acquisition of Mattress Firm Group Inc. (Mattress Firm).

The Commission issued an administrative complaint and authorized a lawsuit in federal court to block the acquisition, alleging that Tempur Sealy—the world’s largest mattress supplier and manufacturer—will have the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers once it acquires Mattress Firm.

Type of Action
Administrative
Last Updated
FTC Matter/File Number
231 0016
Docket Number
9433
Case Status
Pending

XCL Resources Holdings, LLC et al, USA v.

The Federal Trade Commission announced that crude oil producers XCL Resources Holdings, LLC (XCL), Verdun Oil Company II LLC (Verdun), and EP Energy LLC (EP) will pay a record $5.6 million civil penalty to settle allegations they engaged in illegal pre-merger coordination, known as gun jumping, in violation of the Hart-Scott-Rodino Act (HSR Act).

Type of Action
Federal
Last Updated
Docket Number
1:25-cv -00041
Case Status
Pending