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Sunday, November 8th, 2009

Toys ‘R’ Us Subject of FTC Probe

October 17, 2009 by Mark Ellis  
Filed under Business News

Toys ‘R’ Us Subject of FTC Probe

Toy retail giant Toys ‘R’ Us has come under investigation by the Federal Trade Commission concerning its possible breach of a court order that prevents the company from using its market influence to prevent rivals from selling discounted baby products.
According to people familiar with the case, Toys ‘R’ Us has now come under fire for allegedly attempting to set the price of strollers, high chairs, car seats, and breast pumps sold at Babies ‘R’ Us.
A court order issued in 1998 prevented the toy retailer from using its massive market clout to force manufacturers to not sell their goods to discount …read more

Amazon, Toys R Us Settle Legal Dispute

June 13, 2009 by Mark Ellis  
Filed under Business News

Amazon, Toys R Us Settle Legal Dispute

Although they were once business partners, Amazon and Toys R Us have been in the middle of a heated legal battle that finally ended today when Amazon agreed to pay Toys R Us $51 million as a settlement. The transaction will occur in a couple of months and then any traces of the conflict will essentially disappear, according to Amazon.
 
Amazon and toysrus.com, a division of Toys R Us, drafted an agreement in 2000 that gave Toys R Us exclusive rights to move some of their products through Amazon. The partnership should have been extremely beneficial for both parties, but in …read more

FAO Schwarz Now Property of Toys-R-Us

May 28, 2009 by Mark Ellis  
Filed under Business News

FAO Schwarz Now Property of Toys-R-Us

High-end toy retailer FAO Schwarz was purchased Wednesday by toy giant Toys-R-Us in a move that marks the second time in the last six years that FAO Schwarz has changed hands. In 2003, firm D.E. Shaw paid more than $41 million to buy out the ailing toy company from bankruptcy. The details of the yesterday’s deal have not yet been released.
Toys-R-Us and FAO Schwarz are owned by three reputable private equity firms: Vornado Realty Trust, Bain Capital, and KKR. Vornado Realty Trust has owned a third of Toys-R-Us since 2005 and joined forces with the other two firms in a …read more


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