INA-Holding Schaeffler RG and FAG Kugelfischer Georg Schafer AG, In the Matter of

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In the Matter of INA-Holding Schaeffler RG and FAG Kugelfischer Georg Schafer AG
FTC Matter/File Number:

0210002

Docket Number:

C-4033

Enforcement Type:

Part 2 Consents

Case Summary

The consent order permits WA's acquisition of FAG Kugelfischer Georg Schufer AG but requires the divestiture of FAG'S cartridge ball screw support bearing business to Aktiebolaget SKF within 20 business days after the consummation of the INAJFAG transaction. According to the complaint issued with the consent order, the acquisition, as planned, would create a monopoly in the market worldwide.