Libbey Inc. and Newell Rubbermaid, Inc.

Last Updated:
In the Matter of Libbey Inc. and Newell Rubbermaid, Inc.
FTC Matter/File Number:

0110194

Docket Number:

9301

Enforcement Type:

Federal Injunctions

Federal Court:
District of Columbia

Case Summary

The Commission authorized staff to seek a preliminary injunction to block Libbey’s proposed $332 million acquisition of Anchor Hocking, a subsidiary of Newell Rubbermaid, Inc., on grounds that the acquisition would substantially lessen competition in the market for soda-lime glassware sold to the food service industry in the United States. A complaint was filed in the U.S. District Court for the District of Columbia on January 14, 2002. The district court granted the Commission’s request for an injunction on April 22, 2002. An administrative complaint, issued on May 9, extend the injunction until the conclusion of the administrative proceedings. Pursuant to the delegation of authority, the Commission withdrew the matter from adjudication on July 25, 2002, to consider a proposed consent agreement. A consent order was finalized October 7, 2002.

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