Tag: Technology

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Siemens settled charges relating to its proposed $9 billion acquisition of Atecs Mannesmann AG, a subsidiary of Vodafone. The consent order requires, among other things, the divestiture of Vodafone's Mannesmann Dematic Postal Automation business to Northrop Grumman Corporation....
In the complaint dated March 30, 2001 the Commission alleged that Schering - Plough, the manufacturer of K-Dur 20 - a prescribed potassium chloride, used to treat patients with low blood potassium levels - entered into anticompetitive agreements with Upsher-Smith Laboratories and...
The Federal Trade Commission today announced it has appointed Dale Hatfield, a telecommunications consultant from Boulder, Colorado, as the monitor trustee in the America Online ("AOL")/Time Warner merger. The Commission has also approved a trustee agreement between Hatfield and AOL that gives...
Final consent order permitted the acquisition of Mynd Corporation and required the divestiture of Mynd's Claims Outcome Advisor System to Insurance Services Office, Inc. Claims assessment systems are used by insurance companies to evaluate appropriate payments for claims of bodily...
The Federal Trade Commission has accepted a proposed consent order that would remedy the likely anticompetitive effects of the proposed merger of America Online, Inc. ("AOL"), the nation's largest Internet service provider ("ISP"), and Time Warner Inc. ("Time Warner"), a media conglomerate...
"The Federal Trade Commission met today to consider an enforcement action against the proposed merger of AOL and Time Warner. The parties have committed in the last 24 hours to offer new proposals to address competitive issues in connection with the proposed merger. The Commission has elected to...
AOL and Time Warner Inc. settled Commission concerns relating to their proposed merger. The order requires AOL Time Warner to open its cable system to competitor internet service providers. In addition, the company is prohibited from interfering with content passed along the bandwidth...
In a settlement announced today by the Federal Trade Commission, Toysmart.com ("Toysmart") has agreed to settle charges the company violated Section 5 of the FTC Act by misrepresenting to consumers that personal information would never be shared with third parties and then disclosing, selling, or...
The Federal Trade Commission today filed a complaint against Toysmart.com, LLC, and Toysmart.com, Inc., a failed Internet retailer of children's toys, in the United States District Court for the District of Massachusetts seeking injunctive and declaratory relief to prevent the sale of confidential...
A consent order settled allegations in an administrative complaint that charged that Hoechst agreed to pay Andrx Corporation millions of dollars not to market and distribute a generic version of Hoechst’s branded Cardizem CD, a once-a-day diltiazem drug product used in the treatment...
Abbott and Geneva Pharmaceuticals settled charges that the two firms entered into an illegal agreement to stop the marketing and development of a competing generic drug. According to the complaint, Abbott, manufacturer of Hytrin – the brand name for terazosin HCL, a prescription drug...
The Federal Trade Commission has negotiated an agreement containing a proposed consent order designed to remedy the anticompetitive effects arising from Fidelity National Financial, Inc.'s ("FNF") acquisition of the common stock of Chicago Title Corporation ("CT"). The FTC has alleged that the...
A consent order settled charges that Fidelity’s acquisition of Chicago Title Corporation would reduce competition for title information services in San Luis Obispo, Tehama, Napa, Merced, Yolo, and San Benito, California. The order requires the divestiture of title plants in each of...
Federal Trade Commission Chairman Robert Pitofsky today told the American Bar Association that the 19th century antitrust laws on the books today are adequate to address the unique competition issues presented by the high-tech industries of the 21st century.

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