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December 9, 2020 01:24 am GMT

FTC sues to block P&Gs acquisition of Billie, a razor startup for women

The Federal Trade Commission has sued to block Procter & Gambles acquisition of Billie, a NY-based startup that sells razors and body wash. In the notice, the FTC alleged that the merger would eliminate innovative nascent competitors for wet shave razors to the loss of consumers. Billie was founded in 2017 with the goal of […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RLIWEd1xNr8/

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