Following a public comment period, the Federal Trade Commission has approved a modified final order requiring industrial gas suppliers Praxair, Inc. and Linde AG to sell assets in nine industrial gases product markets in numerous U.S. geographic markets to four divestiture buyers. The nine product markets in which the Commission alleged harm in its October […]
Tag Archives: Chemicals & Industrial Gases Bureau of Competition Competition Merger Horizontal
FTC Requests Public Comment on an Application from Praxair and Linde to Approve Sale of an Industrial Gases Plant to LyondellBasell
The Federal Trade Commission is currently accepting public comments on an application from industrial gas suppliers Praxair, Inc. and Linde AG to divest a hydrogen gas and carbon monoxide gas plant to LyondellBasell Industries N.V. The divestiture of the plant is required under the FTC’s October 22, 2018 proposed order, which requires Praxair and Linde […]
FTC Requests Public Comment on an Application from Praxair and Linde to Approve Sale of Industrial Gases Assets to Matheson Tri-Gas, Inc.
The Federal Trade Commission is currently accepting public comments on an application from Praxair, Inc. and Linde AG to divest hydrogen facilities and other assets to Matheson Tri-Gas, Inc. The divestiture is required by the FTC’s Oct. 22, 2018, proposed order requiring Praxair and Linde to divest certain industrial gases assets to settle charges that […]
FTC Requires International Industrial Gas Suppliers Praxair, Inc. and Linde AG to Divest Assets in Nine Industrial Gas Markets as a Condition of Merger
The Federal Trade Commission will require industrial gas suppliers Praxair, Inc. and Linde AG to divest assets in nine industrial gases product markets in numerous geographic markets in the United States, as part of a settlement that resolves charges that their proposed $80 billion merger likely would be anticompetitive. The products at issue The complaint […]