Wisconsin Senator Asks FTC to Look Into Energizer-Spectum Brands Merger

Friday, August 25th, 2023 -- 12:01 PM

(Ted Ehlen, WRN) A merger affecting hundreds of Wisconsin workers is being called into scrutiny.

U.S. Senator Tammy Baldwin said she's asking the Federal Trade Commission to do a retrospective analysis of a 2018 merger between Energizer and Spectrum Brands.  Baldwin said the amalgamation of the companies resulted in Energizer controlling around 40 percent of the United States’ battery market, 60 percent of the world hearing aid battery market, and 85 percent of the total battery market.

Baldwin believes that domination of the battery market has led to higher prices. The company plans to close plants in Fennimore and Portage.

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