Late last year, the Biden administration's Federal Trade Commission blocked yet another merger, Tapestry's $ 8.5% billion acquisition of Capri Holdings. The deal would have united six fashion accessory brands varying sizes under one roof. Tapestries Coach, Kate Spade, Steuart Whitesman, and Capri's Michael Kors, Versace, and Jimmy Shu.The FTC argued that this would create an excessively concentrated player in the quote unquote accessible luxury handbags market and the judge agreed. But if anything's happene ...