The Federal Trade Commission’s (FTC) North Pole branch today issued the following statement from Chair Lina Khan regarding the FTC’s lawsuit against Kringle Toys, LLC for violation of antitrust laws:
For years, children around the world have had only one option for guaranteed December 24th delivery of the toys they most wanted for Christmas: Kringle Toys. Given the huge demand of children for toys at Christmas, it does not make sense that there would be only one supplier unless Kringle Toys, under the leadership of Kringle CEO Kristopher Kringle. a.k.a. Santa Claus, was using illegal tactics to remain the sole supplier of guaranteed Christmas Eve delivery.
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