Federal Trade Commission Bureau of Competition Director Debbie Feinstein issued this statement following the announcement from Sysco and U.S. Foods that they will abandon their proposed merger: “Sysco and U.S. Foods’ decision to abandon the transaction is a victory for both competition and consumers. The evidence shows that Sysco and US Foods were strong rivals […]
Tag Archives: Bureau of Competition Competition
FTC Requires Medical Device Company Zimmer Holdings, Inc. to Divest Assets as a Condition of Acquiring Biomet, Inc.
Medical device company Zimmer Holdings, Inc. has agreed to divest U.S. rights and assets related to unicondylar knee implants, total elbow implants, and bone cement in order to settle FTC charges that its proposed $13.35 billion acquisition of Biomet Inc. is anticompetitive. Under the proposed settlement, the merged company will divest Zimmer’s U.S. ZUK unicondylar […]
Statement by Federal Trade Commission Bureau of Competition Director Debbie Feinstein on the Court Ruling Granting a Preliminary Injunction in the Sysco/U.S. Foods Matter
Federal Trade Commission Bureau of Competition Director Debbie Feinstein issued the following statement regarding the U.S. District Court ruling today granting the FTC’s request for a preliminary injunction in the proposed merger of Sysco and U.S. Foods: “The Court’s ruling today temporarily blocking Sysco’s proposed acquisition of US Foods will preserve competition in both local […]
FTC Amicus Brief Urges Appeals Court to Overturn District Court Decision that Pay-for-Delay Pharmaceutical Settlements Only Violate Antitrust Laws if Paid in Cash
The Federal Trade Commission filed an amicus brief in the U.S. Court of Appeals for the First Circuit urging the court to reject a district court decision in a reverse-payment patent settlement case holding that an alleged non-cash payment from a brand to a generic to delay entering with its generic version of the branded […]
FTC Approves Final Order Preserving Competition In North America for Heavy Vehicle Tie Rods
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the $12.4 billion merger of two of the world’s largest auto parts suppliers, ZF Friedrichshafen AG and TRW Automotive Holdings Corp., would likely harm competition in the market for heavy vehicle tie rods, which are rigid connectors that […]
FTC Requests Public Comment on Application from Cement Manufacturers Holcim and Lafarge to Approve Divestiture of Holcim Assets
The Federal Trade Commission is currently accepting public comments on an application by Holcim LTD. and Lafarge S.A. to sell various Holcim cement assets to an affiliate of the international cement company CRH International. The divestiture is required by the FTC’s May 2015 proposed order settling charges that the $25 billion merger of Holcim and […]
Federal Appeals Court Rules in Favor of FTC: Pharmaceutical Industry Patent Rights Reportable under Hart Scott Rodino Act
Debbie Feinstein, the Director of the Federal Trade Commission’s Bureau of Competition, issued the following statement regarding yesterday’s decision by the U.S. Court of Appeals for the District of Columbia Circuit upholding a November 2013 FTC rulemaking that deems the transfers of pharmaceutical patent rights to be reportable assets under the Hart-Scott-Rodino Act – even […]
FTC Announces Second Federal Register Notice for its Merger Remedy Study; OMB Clearance Requested
The Federal Trade Commission announced today that it is issuing a second Federal Register Notice for its proposal to study the effectiveness of the Commission’s orders in merger cases where it required a divestiture or other remedy and is seeking clearance from the Office of Management and Budget to conduct the study. The second FRN […]
FTC Requests Public Comment on Application from ZF Friedrichshafen AG and TRW Automotive Holdings Corp. to Approve Divestiture of TRW’s Linkage and Suspension Business in North America and Europe
The Federal Trade Commission is currently accepting public comments on an application by ZF Friedrichshafen AG and TRW Automotive Holdings Corp. to sell TRW’s North American and European linkage and suspension business for heavy and light vehicles to the Tokyo-based global machine component manufacturer THK Co., Ltd. The divestiture is required by the FTC’s May […]
FTC Requests Public Comment on Panasonic’s Application to Approve Sale of Assets It Uses to Manufacture Portable Sub-C Nickel Metal Hydride Batteries
The Federal Trade Commission is currently accepting public comments on an application by Panasonic Corporation for approval to sell to FDK Corporation assets from Panasonic’s facility in Suzhou, China that are used to manufacture sub-C portable nickel metal hydride (“NiMH”) batteries. The FTC’s November 2009 order, settling charges that Panasonic’s $9 billion acquisition of Sanyo […]