Medtronic, Inc., In the Matter of

Last Updated:
In the Matter of Medtronic, Inc.
FTC Matter/File Number:

9810324

Docket Number:

C-3842

Enforcement Type:

Part 2 Consents

Case Summary

A final consent order settles allegations stemming from Medtronic's proposed acquisition of Physio-Control International Corporation's automatic external defibrillator business. According to the complaint, Medtronic, through its controlling interest in SurVivaLink Corporation, a direct competitor of Physio-Control, would control both companies as a result of the acquisition and thereby increase the likelihood of coordinated interaction which could result in increased prices and reduce innovation in the market. The consent order requires Medtronic to become a passive investor in SurVivaLink and reduce many of its present and future business contacts with the firm.