Type: Press ReleaseThe Federal Trade Commission has approved a slightly modified version of a settlement requiring Hertz Global Holdings, Inc. to sell a number of assets in conjunction with its $2.3 billion acquisition of Dollar Thrifty Automotive Group, Inc.
Type: Press ReleaseA proposed settlement would prevent General Electric Company (GE) from interfering with the development of a key engine component designed by Italy’s Avio S.p.A. (Avio) for rival aircraft engine manufacturer Pratt & Whitney, resolving Federal Trade Commission charges that GE’s proposed $4.3...
Type: Press ReleaseThe Federal Trade Commission will require Solera Holdings, Inc., a leading provider of specialized software to the automotive recycling industry, to divest assets to resolve FTC charges that Solera’s 2012 purchase of rival Actual Systems of America, Inc. was anticompetitive.
Certegy Check Services to Pay $3.5 Million for Alleged Violations of the Fair Credit Reporting Act and Furnisher Rule
Type: Press ReleaseCertegy Check Services, Inc., one of the nation’s largest check authorization service companies, has agreed to pay $3.5 million to settle Federal Trade Commission charges that it violated the Fair Credit Reporting Act (FCRA).
FTC Seeks Public Comment on Kinder Morgan, Inc.’s Request to Modify Final Decision and Order, Divestiture Agreement Related to 2012 Acquisition of El Paso Corp.
Type: Press ReleaseThe Federal Trade Commission is seeking public comment on a request by Kinder Morgan, Inc., that the Commission modify the final FTC order and approve a change to the divestiture agreement. The order was issued to resolve Commission charges that Kinder Morgan’s 2012 acquisition of El Paso...
Type: Press ReleasePinnacle Entertainment, Inc. and Ameristar Casinos, Inc. have agreed to sell casino properties in St. Louis, Missouri and Lake Charles, Louisiana, to settle Federal Trade Commission charges that Pinnacle’s $2.8 billion merger with Ameristar would be anticompetitive.
FTC Approves Final Order Settling Allegations That Tesoro’s Acquisition of Chevron Petroleum Assets Was Anticompetitive
Type: Press ReleaseFollowing a public comment period, the Federal Trade Commission has approved a final order settling charges that oil refiner Tesoro Corporation’s recent acquisition of petroleum-related assets of Chevron Corporation would have reduced competition and violated U.S. antitrust laws.
Type: Press ReleaseCorporate investor Barry Diller has agreed to settle Federal Trade Commission charges that he violated the agency’s premerger filing requirements, and will pay a $480,000 civil penalty.
FTC Challenges Ardagh Group, S.A.’s Proposed Acquisition of Rival Glass-Container Manufacturer Saint-Gobain Containers, Inc.
Type: Press ReleaseThe Federal Trade Commission challenged Ardagh Group, S.A.’s proposed $1.7 billion acquisition of Saint-Gobain Containers, Inc., alleging that it will reduce competition and result in the two firms – the merged firm and its only remaining significant competitor, Owens-Illinois – controlling in...
Type: CaseConsent order permits the acquisition of Equity Corporation International, the fourth largest funeral home and cemetery company in the United States, and requires SCI to divest funeral service and cemetery properties in 14 markets to Carriage Services, Inc. to remedy the...