Philip Morris Companies, Inc., and Nabisco Holdings Corp

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In the Matter of Philip Morris Companies, Inc., and Nabisco Holdings Corp.
FTC Matter/File Number:

0010215

Docket Number:

C-3987

Enforcement Type:

Part 2 Consents

Case Summary

The consent order permits the merger of Philip Monis and Nabisco Holdings Corporation while settling charges that the merger of the two food companies would reduce competition in the already highly-concentrated food product markets. Under terms of the order, the parties are required to divest Nabisco's dry- mix gelatin, dry-mix pudding, no-bake dessert, and baking powder assets to The Jet Sea Company and Nabisco's intense mints assets to Hershey Foods Corporation.