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US FTC’s MasterBrand deal probe likely to focus on market shares

By Ilana Kowarski ( November 21, 2025, 17:12 GMT | Comment) -- As cabinetmakers MasterBrand and American Woodmark respond to the US Federal Trade Commission’s second request, the companies will find it difficult to evade conversations about national market-share estimates that each company provided in official documents. When added together, these corporate statistics indicate a merged entity would possess more than a 30 percent share within the US cabinet sector, which could trigger a structural presumption of harm at the FTC if the agency classifies the national cabinet industry as a relevant antitrust market.As cabinetmakers MasterBrand and American Woodmark respond to the US Federal Trade Commission’s second request, the companies will find it difficult to evade conversations about national market-share estimates that each company provided in official documents....

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