Warren asks FTC to consider blocking Dick's

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Sen. Elizabeth Warren is calling on the FTC and DOJ to consider blocking Dick's Sporting Goods' proposed acquisition of Foot Locker , writing in a letter to the agencies that the merger could cut jobs, raise prices and reduce competition.

The missive, sent Tuesday evening, asks the agencies to "closely scrutinize" the $2.4 billion merger and "block the deal" if they determine it violates antitrust laws. Warren, D-Mass., argues in the letter, which was seen by CNBC, that the tie-up could create a duopoly in sneakers and other athletic shoes between the combined companies and its next largest competitor, JD Sports.

"This is particularly concerning given that more than half of parents 'plan to