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Last Updated
Case Status
In the Matter of The Procter & Gamble Company, a corporation, and Billie, Inc., a corporation, Respondents.
FTC Matter/File Number
Docket Number
Enforcement Type
Part 3 Administrative Complaints

Case Summary

The Federal Trade Commission filed an administrative complaint  and authorized a suit in federal court to block The Procter & Gamble Company’s proposed acquisition of Billie, Inc., a direct-to-consumer company that began selling women’s razors and body care products in November 2017. The complaint alleged that the proposed acquisition would allow P&G, the market-leading supplier of both women’s and men’s wet shave razors, to buy Billie, a newer but expanding maker of women’s razors, and thereby eliminate growing competition that benefits consumers. On Jan. 5, 2021, the parties announced that they terminated their agreement for P&G to acquire Billie.