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FTC moves to stop a major glue merger
Henkel is trying to buy Liquid Nails, a top rival in construction adhesives. The FTC has sued to block the $725 million deal, arguing it would reduce competition. Winning means the merger is permanently blocked so prices and choices at hardware stores stay more competitive.
Construction adhesives are basic supplies for home repairs and building. When the top two brands combine, shoppers and contractors can end up with fewer choices and higher prices.
That can raise the cost of everyday projects, from fixing a stair to finishing a remodel. It can also ripple into housing costs when contractors pass higher material costs on to customers.
Henkel is expected to fight the case in court and argue the merger still leaves enough competition. Antitrust trials can be technical, and a judge may require detailed proof of consumer harm.
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