Attorneys from Cleary Gottlieb Steen & Hamilton have entered appearances for Tempur Sealy International in a pending antitrust lawsuit. The action was filed July 2 in Texas Southern District Court by the Federal Trade Commission. The partially redacted complaint argues that a proposed $4 billion acquisition of Mattress Firm will 'cement' Tempur Sealy's dominance in the mattress market, depriving independent companies of the opportunity to compete. The case, assigned to U.S. District Judge Charles R. Eskridge III, is 4:24-cv-02508, Federal Trade Commission v. Tempur Sealy International, Inc. et al.
Retail & Consumer Goods
August 19, 2024, 9:12 AM