The Federal Trade Commission (FTC) has filed an administrative complaint and authorized a suit in federal court to block Procter & Gamble proposed acquisition of Billie, Inc, the direct-to-consumer women’s razors and personal care company. P&G’s acquisition deal was announced in early January; terms of the accord were not released. The complaint alleges that the proposed acquisition would allow P&G, the market-leading supplier of both women’s and men’s wet shave razors, to b...