FTC Sues to Block PlayPower’s Acquisition of Rival Playground Manufacturer Burke
FTC alleges the merger of close rivals would significantly reduce price and quality competition in already concentrated market for outdoor commercial playground equipment Today, the Federal Trade Commission sued to block Platinum Equity and its portfolio company PlayPower’s acquisition of BCI Burke, alleging the deal to combine two of the largest commercial outdoor playground equipment makers will drive up prices and decrease innovation and quality for equipment bought by schools, churches, parks and recreation departments and other organizations across the coun View Press Release
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