Federal-Mogul Corporation, and T&N PL

Last Updated:
In the Matter of Federal-Mogul Corporation, and T&N PLC
FTC Matter/File Number:

9810011

Docket Number:

C-3836

Enforcement Type:

Part 2 Consents

Case Summary

Federal-Mogul agreed to divest the thinwall bearings assets, Glacier Vandervell Bearings Group, it acquires in its takeover of T&V plc to a Commission-approved buyer. The complaint alleged that the acquisition would increase the likelihood of coordinated anticompetitive conduct between Federal-Mogul and the remaining competitors in the market for thinwall engine bearings, used to separate component parts in the engines of cars, trucks and heavy equipment.