Tag: Bureau of Competition

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To settle Federal Trade Commission charges that its 2008 acquisition of three LandAmerica Financial, Inc. subsidiaries was anticompetitive, Fidelity National Financial, Inc. will sell several title plants and related assets in the Portland, Oregon, and Detroit, Michigan, metropolitan areas, and in...
Agilent Technologies, Inc. and Varian, Inc., two leading global suppliers of high-performance scientific measurement instruments, have agreed to sell three of their product lines in order to proceed with their merger, under a settlement with the Federal Trade Commission. The settlement resolves...
Service Corporation International (SCI), the nation’s largest provider of funeral and cemetery services, will be required to sell 22 funeral homes and four cemeteries in 19 local markets to ensure competition is preserved following its acquisition of Keystone North America Inc., the Federal Trade...
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...
Following a public comment period, the Federal Trade Commission has approved a final consent order regarding Pfizer Inc.’s recent acquisition of Wyeth, and responses to members of the public who provided comments. The final order settles charges that the transaction as proposed would have been...
Service Corporation International (SCI), the nation’s largest cemetery operator and the third-largest provider of cemetery services in Las Vegas, Nevada, must sell a cemetery and funeral home in Las Vegas to complete its proposed acquisition of local rival Palm Mortuary, Inc. (Palm), the Federal...
Major consumer electronics manufacturers Panasonic Corporation and Sanyo Electric Co., Ltd. have agreed to sell assets related to Sanyo’s portable nickel metal hydride (NiMH) battery business, including a premier manufacturing plant in Japan, as part of an agreement with the Federal Trade...
FTC Issues Compliance Guide For Its Petroleum Market Manipulation Regulations The Federal Trade Commission’s staff has prepared a guide to help businesses and individuals comply with the anti-fraud provisions of the Energy Independence and Security Act of 2007 (EISA) and the FTC’s Petroleum...
Merck & Co., Inc. must sell its interest in Merial Limited, an animal health joint venture with Sanofi-Aventis S.A., and Schering-Plough must sell its assets related to significant drugs for nausea and vomiting in humans, in order for Schering-Plough to complete its proposed $41.1 billion...
On August 3, 2009, Apple announced that Eric E. Schmidt, Chief Executive Officer of Google, was stepping down from its board. “We have been investigating the Google/Apple interlocking directorates issue for some time and commend them for recognizing that sharing directors raises competitive issues...
Following the Federal Trade Commission’s filing of a lawsuit to block the transaction, CSL Limited announced on June 8, 2009, that it will not proceed with its proposed $3.1 billion acquisition of Talecris Biotherapeutics. The FTC’s complaint charged that the deal would be illegal and would...
Following the Federal Trade Commission’s filing of a lawsuit to block the transaction, CRH plc, the parent company of Oldcastle Architectural, Inc., announced on January 14, 2009, that it will not proceed with its proposed $540 million acquisition of Pavestone Company, LP. The announcement states...
Herff Jones and American Achievement Group Holding Corp., the parent company of American Achievement Corporation (AAC), announced on December 5, 2008, that their acquisition agreement has been mutually terminated because the parties did not obtain the required regulatory approvals necessary to...
Newpark Resources announced today that it has agreed to cancel its proposed $85 million sale of its Newpark Environmental Services business to CCS Corporation. This follows the October 23, 2008 announcement that the FTC would seek to block the proposed acquisition by filing suit in federal...

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