Tag: Manufacturing

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Filtering by content type: Press Release

Following today’s announcement by Jostens, Inc. (“Jostens”) that it will drop plans to acquire Acquisition of American Achievement Corp. (“AAC”), the Director of the Federal Trade Commission’s Bureau of Competition, Deborah Feinstein, said:
Ardagh Group SA has agreed to sell six of its nine glass container manufacturing plants in the United States to settle Federal Trade Commission charges that its $1.7 billion proposed acquisition of Saint-Gobain Containers, Inc. would likely harm competition in the markets for glass containers used...
The Federal Trade Commission testified before Congress today on actions it has taken to help ensure that concussion protection claims made for football helmets and other sports equipment are truthful and supported by reliable scientific evidence.
Following a public comment period, the Federal Trade has approved an application by Polypore International, Inc. for approval to divest all stock and assets related to Microporous, which it acquired in February 2008, to Seven Mile Capital Partners. The divestiture is required by a Commission final...
The Federal Trade Commission is seeking public comment on an application by Polypore International, Inc. for approval to divest all stock and assets related to Microporous, which it acquired in February 2008, to Seven Mile Capital Partners (Seven Mile).  The divestiture is required by a Commission...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that General Electric Company’s acquisition of the aviation business of Italy’s Avio S.p.A would be anticompetitive. The FTC’s complaint alleges that GE’s acquisition of Avio would...
The Federal Trade Commission challenged Ardagh Group, S.A.’s proposed $1.7 billion acquisition of Saint-Gobain Containers, Inc., alleging that it will reduce competition and result in the two firms – the merged firm and its only remaining significant competitor, Owens-Illinois – controlling in...
Federal Trade Commission Chairwoman Edith Ramirez issued the following statement regarding today's decision by the U.S. Supreme Court in Polypore International, Inc. v. FTC.  In the decision, the Court declined to consider a July 2012 U.S. Court of Appeals ruling that found Polypore’s acquisition...
The Federal Trade Commission has closed its investigation into the proposed acquisition of rocket engine manufacturer Pratt & Whitney Rocketdyne by aerospace company GenCorp Inc.  Although the FTC concluded that the deal will give GenCorp a monopoly in the market for a type of advanced missile...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Charlotte Pipe and Foundry Company’s 2010 purchase of Star Pipe Products, Inc.’s cast iron soil pipe (CISP) business was anticompetitive.
The staff of the Federal Trade Commission is interested in the consumer privacy and security issues posed by the growing connectivity of consumer devices, such as cars, appliances, and medical devices, and invites comments on these issues in advance of a public workshop to be held on November 21,...
A federal court ordered a home insulation marketer to pay a $350,000 civil penalty for making deceptive and unsubstantiated claims about his products’ insulation capabilities.  On the Federal Trade Commission’s behalf, the U.S. Department of Justice won the order on the merits of the case without...
The Federal Trade Commission issued revised “Green Guides” that are designed to help marketers ensure that the claims they make about the environmental attributes of their products are truthful and non-deceptive.
Federal Trade Commission Commissioner Edith Ramirez issued the following statement regarding this week's ruling by the U.S. Court of Appeals for the Eleventh Circuit, which upheld the FTC's Opinion and Order in the matter of Polypore International, Inc.
The Federal Trade Commission has ruled unanimously that Polypore International, Inc.’s 2008 acquisition of a rival manufacturer of battery components was anticompetitive, and ordered Polypore to divest the company to an FTC-approved buyer within six months. The Commission today made public its...
In an Initial Decision announced today, Chief Administrative Law Judge D. Michael Chappell found that Polypore International Inc.’s consummated acquisition – through its Daramic Acquisition Corporation subsidiary – of rival battery separator manufacturer Microporous L.P. was anticompetitive and...
Commission approval of public comment period extension – The Commission has approved the publication of a Federal Register notice extending the pubic comment period related to the current regulatory review of the Used Motor Vehicle Trade Regulation Rule (Used Car Rule) through November 19, 2008....
Conduct Allegedly Harms Competition in North American Markets for Battery Separators The Federal Trade Commission has unanimously approved an administrative complaint challenging Polypore International Inc.’s (Polypore) consummated acquisition of rival battery separator manufacturer Microporous...
Consent agreements given final approval: Following a public comment period, the Commission has made final consent agreements with the following entities: Toyota Motor Sales, U.S.A., Inc.; Volkswagen of America, Inc. (including its Audi of America division); Lou Fusz Automotive Network, Inc.;...
Ashland, Inc. has agreed to settle Federal Trade Commission charges that ads for the Valvoline Company's Teflon-containing TM8 Engine Treatment product were false and unsubstantiated. Valvoline is an unincorporated division of Ashland. The terms of the settlement will bar Ashland from making...