Displaying 801 - 820 of 2208
FTC and NY Attorney General Charge Vyera Pharmaceuticals, Martin Shkreli, and Other Defendants with Anticompetitive Scheme to Protect a List-Price Increase of More Than 4,000 Percent for Life-Saving Drug Daraprim
Date
The Federal Trade Commission has filed a complaint in federal court against Vyera Pharmaceuticals, LLC, alleging an elaborate anticompetitive scheme to preserve a monopoly for the life-saving drug...
Illumina Inc./Pacific Biosciences of California, Inc., In the Matter of
The Federal Trade Commission authorized an action to block Illumina Inc.’s proposed $1.2 billion acquisition of Pacific Biosciences of California, alleging in an administrative complaint that Illumina is seeking to unlawfully maintain its monopoly in the U.S. market for next-generation DNA sequencing systems by extinguishing PacBio as a nascent competitive threat. The Commission vote to issue the administrative complaint and to authorize staff to seek a temporary restraining order and preliminary injunction was 5-0. On Jan. 2, 2020, the parties abandoned the transaction.
Type of Action
Administrative
Last Updated
FTC Matter/File Number
1910035
Docket Number
9387
Case Status
Closed
FTC Seeks Public Comment on Par Petroleum Corp.’s Application to Modify Agreement to Store Petroleum Products at Barbers Point Terminal in Hawaii
Date
The Federal Trade Commission is currently accepting public comments on an application by Par Petroleum Corp. to modify the Amended Honolulu Terminal Agreement. Prior approval of the modification to...
Post Holdings, Inc.; In the Matter of
The Federal Trade Commission authorized an action to block Post Holdings, Inc.’s proposed acquisition of the private label ready-to-eat ("RTE") cereal business of TreeHouse Foods, Inc. In an administrative complaint issued on December 19, 2019, the Commission alleges that the proposed acquisition would harm retailers and end consumers by eliminating head-to-head competition between the Respondents in the United States market for private label RTE cereal. The Commission vote to issue the administrative complaint and to authorize staff to seek a temporary restraining order and preliminary injunction was 5-0. The administrative trial is scheduled to begin on May 27, 2020. The parties announced they had abandoned the transaction on Jan. 13, 2020.
Type of Action
Administrative
Last Updated
FTC Matter/File Number
191 0128
Docket Number
9388
Case Status
Closed
Statement of Ian Conner, Director of FTC Bureau of Competition, Regarding the Announcement that Post Holdings, Inc. has Abandoned Its Proposed Acquisition of TreeHouse Foods, Inc.
Date
“The FTC unanimously voted to challenge this deal because it was likely to lead to higher prices and reduced quality for private label ready-to-eat cereals. Households across America have benefitted...
FTC Publishes Inflation-Adjusted Civil Penalty Amounts
Date
The Federal Trade Commission has adjusted the maximum civil penalty dollar amounts for violations of 16 provisions of law the FTC enforces, as required by the Federal Civil Penalties Inflation...
FTC Approves Final Order Requiring Bristol-Myers Squibb Company and Celgene Corporation to Divest Psoriasis Drug Otezla as a Condition of Acquisition
Date
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Bristol-Myers Squibb Company’s proposed $74 billion acquisition of Celgene Corporation...
FTC Staff Comment to the Kansas House of Representatives Concerning Kansas House Bill 2412
Date
Matter Number
V200006
FTC staff comment concerning Kansas House Bill 2412, a proposal to expand the scope of practice for Advanced Practice Registered Nurses (APRNs) in Kansas.
File
Text of the Staff Comment
(1.3 MB)
FTC Staff Comment to the Ohio House of Representatives Concerning Ohio House Bill 177
Date
Matter Number
V200005
Comment by FTC staff concerning Ohio House Bill 177, a proposal to expand the scope of practice of Advanced Practice Registered Nurses (APRNs) in Ohio.
File
Text of FTC Staff Comment
(20.44 MB)
Public Statement
Joint Vertical Merger Guidelines (Draft Released for Public Comment)
Date
Matter Number
P810034
Concurring Statement of Commissioner Christine S. Wilson Concerning the Publication of FTC-DOJ Draft Vertical Merger Guidelines for Public Comment
Date
By
Christine S. Wilson, Former Commissioner
Matter Number
P810034
FTC and DOJ Announce Draft Vertical Merger Guidelines for Public Comment
Date
The Federal Trade Commission and the Department of Justice’s Antitrust Division seek public comment on draft 2020 Vertical Merger Guidelines. The draft guidelines, open to comment for 30 days...
Statement of Commissioner Rohit Chopra Regarding the Request for Comment on Vertical Merger Guidelines
Date
By
Rohit Chopra, Former Commissioner
Matter Number
P810034
FTC Challenges Consummated Merger of Companies that Market Body-Worn Camera Systems to Large Metropolitan Police Departments
Date
The Federal Trade Commission has issued an administrative complaint challenging Axon Enterprise, Inc.’s consummated acquisition of its body-worn camera systems competitor VieVu, LLC. Before the...
Statement of Gail Levine, Deputy Director of FTC Bureau of Competition, Regarding the Announcement that Illumina Inc. has Abandoned Its Proposed Acquisition of Pacific Biosciences of California
Date
Following today’s announcement that the parties are abandoning their proposed merger, Gail Levine, Deputy Director of the Bureau of Competition, made this statement: “This deal threatened to let a...
FTC Alleges Post Holdings, Inc.’s Proposed Acquisition of TreeHouse Foods, Inc.’s Private Label Ready-to-Eat Cereal Business Will Harm Competition
Date
Today the Federal Trade Commission filed an administrative complaint challenging Post Holdings, Inc.’s proposed acquisition of TreeHouse Foods, Inc.’s private label ready-to-eat cereal business. Post...
FTC Chairman Simons Announces Senior Appointments in Bureau of Competition
Date
Federal Trade Commission Chairman Joseph Simons has made two appointments to the Bureau of Competition’s senior leadership team. Simons announced that, with the approval of the Federal Trade...
Third Point LLC
Investment advisor Third Point LLC and three funds that it controls have agreed to settle Federal Trade Commission charges that the funds violated the premerger notification and waiting period requirements of the Hart-Scott-Rodino Act, or HSR Act, after they acquired the voting securities of DowDuPont Inc. According to the complaint, on Aug. 31, 2017, the shares of Dow Inc. held by the three Third Point funds – Third Point Partners Qualified L.P., Third Point Ultra, Ltd., and Third Point Offshore Fund Ltd. – converted to shares of the newly formed DowDuPont Inc. following the merger of Dow Inc. and E.I. du Pont de Nemours & Company. The three funds have agreed to collectively pay $609,810 in civil penalties, and they, together with Third Point LLC, will be barred from committing future violations of the HSR Act in connection with corporate consolidations.
Type of Action
Federal
Last Updated
FTC Matter/File Number
181 0087
FTC Challenges Illumina’s Proposed Acquisition of PacBio
Date
The Federal Trade Commission has authorized an action to block Illumina Inc.’s proposed $1.2 billion acquisition of Pacific Biosciences of California (PacBio). The Commission alleges in an...
Displaying 801 - 820 of 2208