Politics
UNDERREPORTED
FTC and State Attorneys General Challenge PlayPower's Purchase of BCI Burke
The Federal Trade Commission, together with a coalition of state attorneys general, filed a lawsuit to stop PlayPower's acquisition of rival BCI Burke.
The FTC joined forces with several state attorneys general to sue against PlayPower's proposed merger with BCI Burke. PlayPower is owned by private-equity firm Platinum Equity. The two firms compete for smaller and mid-size projects serving schools, parks and community groups. Regulators argue that the deal would reduce competition, potentially raising prices and limiting options for buyers.
Why it matters
The case could preserve affordable equipment options for schools and community groups by preventing reduced competition.
In this story
FTC lawsuitmerger challengecompetitionschool equipmentcommunity projectsprivate equityantitrust
