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Pharmaceutical Companies Settle FTC Charges of an Illegal Agreement not to Compete, which Resulted in Higher Prices for Generic Version of ADHD Drug
FTC Issues Statement of Principles Regarding Enforcement of FTC Act as a Competition Statute
Federal Trade Commission (Bureau of Competition) and Department of Justice (Antitrust Division): Hart-Scott-Rodino Annual Report: Fiscal Year 2014: Section 7A of the Clayton Act, 15 U.S.C. 18a (The Hart-Scott-Rodino Antitrust Improvements Act of 1976)
FTC Approves Fiscal Year 2014 HSR Premerger Notification Report
FTC Approves Application from Holcim LTD. and Lafarge S.A. to Divest Cement Assets
FTC Approves Final Order Preserving Competition in U.S. Market for Cigarettes
FTC Approves Panasonic’s Application to Sell Assets It Uses to Manufacture Portable Sub-C Nickel Metal Hydride Batteries
FTC Staff Supports North Carolina Legislative Proposal to Limit Certificate of Need Rules for Health Care Facilities
FTC Issues Final Order Preserving Supermarket Competition in 130 Local Markets
FTC Requires Dollar Tree and Family Dollar to Divest 330 Stores as Condition of Merger
FTC Staff Urges Minnesota Legislature to Weigh Benefits and Risks of Disclosing Terms of State Health Care Services Contracts
Following Sysco’s Abandonment of Proposed Merger with US Foods, FTC Closes Case
Sysco/USF Holding/US Foods, In the Matter of
On 2/19/15, the FTC filed an administrative complaint charging that the proposed merger of Sysco and US Foods would violate the antitrust laws by significantly reducing competition nationwide and in 32 local markets for broadline foodservice distribution services. The FTC alleged that if the merger goes forward as proposed, foodservice customers, including restaurants, hospitals, hotels, and schools, would likely face higher prices and lower levels of service than would be the case but for the merger. The FTC also authorized staff to seek in federal court a temporary restraining order and a preliminary injunction to prevent the parties from consummating the merger, and to maintain the status quo pending the administrative proceeding. The PI action was filed on 2/20/15. According to the FTC complaint, a combined Sysco/US Foods would account for 75% of the national market for broadline distribution services. In addition, the parties would also hold high shares in a number of local markets. The Commission also charged that the proposed sale of 11 US Foods distribution centers to Performance Food Group would neither enable PFG to replace US Foods as a competitor nor counteract the significant competitive harm caused by the merger. The following state attorneys general have joined the FTC’s complaint for a preliminary injunction to be filed in federal district court: California, Illinois, Iowa, Maryland, Minnesota, Nebraska, Ohio, Virginia, Pennsylvania, Tennessee, and the District of Columbia. Following a June 23, 2015 ruling by the U.S. District Court for the District of Columbia granting the Federal Trade Commission request for a preliminary injunction, Sysco and US Foods abandoned their proposed merger, and the Commission dismissed its administrative complaint.
Statement of FTC Bureau of Competition Director Debbie Feinstein on Sysco and U.S. Foods’ Abandonment of Their Proposed Merger
FTC Requires Medical Device Company Zimmer Holdings, Inc. to Divest Assets as a Condition of Acquiring Biomet, Inc.
Statement by Federal Trade Commission Bureau of Competition Director Debbie Feinstein on the Court Ruling Granting a Preliminary Injunction in the Sysco/U.S. Foods Matter
FTC Amicus Brief Urges Appeals Court to Overturn District Court Decision that Pay-for-Delay Pharmaceutical Settlements Only Violate Antitrust Laws if Paid in Cash
FTC Approves Final Order Preserving Competition In North America for Heavy Vehicle Tie Rods
FTC Approves Final Order Preserving Competition In 14 U.S. Markets for Cement
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