Ferguson alleges Henkel-Liquid Nails merger would increase prices and reduce quality and innovation in construction adhesives
“We alleged that the merger would allow Henkel to increase the price of Loctite and Liquid Nails, and would lead to lower-quality products and reduced innovation in construction adhesives. This would obviously be bad for American consumers and President Trump’s FTC stopped it.”
Ferguson describes FTC lawsuit blocking Henkel, largest construction adhesive maker, from acquiring second-largest competitor Liquid Nails
“Last December, the FTC sued to block Henkel, the largest and industry-leading construction adhesive manufacturer, from acquiring its main competitor and second-largest manufacturer. Henkel makes Loctite, and was trying to buy Liquid Nails. https://t.co/hHOOtvEEry”