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US FTC's Henkel-A-Paint challenge relies on structural presumption, hot docs

By Flavia Fortes ( December 17, 2025, 15:17 GMT | Comment) -- The US Federal Trade Commission's lawsuit to block Henkel AG & Co. KGaA, the manufacturer of Loctite, from acquiring competitor Liquid Nails from private equity firm American Industrial Partners and A-Paint, relies on the structural presumption that the deal is illegal based on the companies' market share and cites extensive documents and evidence that the two rivals compete head-to-head. The US Federal Trade Commission's lawsuit to block Henkel AG & Co. KGaA, the manufacturer of Loctite, from acquiring competitor Liquid Nails from private equity firm American Industrial Partners and A-Paint, relies on the structural presumption that the deal is illegal based on the companies' market share and cites extensive documents and evidence that the two rivals compete head-to-head....

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