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Jos. A. Bank Clothiers Inc.
Jos A. Bank, Men's Wearhouse merger gets FTC approval
Jos A. Bank, Men's Wearhouse merger gets FTC approval

The Federal Trade Commission ruled Friday that the Men's Wearhouse takeover of fellow clothing retailer Jos. A. Bank Clothiers can move forward after the agency found that the combined company would not violate antitrust laws. "Despite limited competition from the Internet, the transaction is not likely to harm consumers because of significant competition from other sources," the commission wrote in a blog post about the decision. "There are numerous competitors that sell suits across the range of prices of the suits the merging parties offer, including Macy's, Kohl's, JC Penney's, Nordstrom, and Brooks Brothers, among others." The commission also...

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