Sen. Warren asks FTC to consider blocking Dick's-Foot Locker merger over antitrust concerns

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Sen. Elizabeth Warren is calling on the FTC and DOJ to consider blocking Dick’s Sporting Goods’

proposed acquisition of Foot Locker

, writing in a letter to the agencies that the merger could cut jobs, raise prices and reduce competition.

The missive, sent Tuesday evening, asks the agencies to “closely scrutinize” the $2.4 billion merger and “block the deal” if they determine it violates antitrust laws. Warren, D-Mass., argues in the letter, which was seen by CNBC, that the tie-up could create a duopoly in sneakers and other athletic shoes between the combined companies and its next largest competitor, JD Sports.