Tag: Merger

Statement Regarding the Termination of Boston Scientific Corporation’s Attempted Acquisition of a Majority Stake in M.I. Tech Co., Ltd.

Date

May 24, 2023

In response to the announcement that Boston Scientific Corporation and non-vascular stent manufacturer M.I. Tech Co., Ltd. have terminated their $230 million purchase agreement, Federal Trade...

Amgen Inc. and Horizon Therapeutics plc, FTC v.

Type of Action

Federal

Last Updated

May 16, 2023

FTC Matter/File Number

231 0037

Case Status

Pending

FTC Sues to Block Biopharmaceutical Giant Amgen from Acquisition That Would Entrench Monopoly Drugs Used to Treat Two Serious Illnesses

Date

May 16, 2023

The Federal Trade Commission is seeking to block biopharmaceutical giant Amgen Inc. from acquiring Horizon Therapeutics plc, saying the deal would allow Amgen to leverage its portfolio of blockbuster...

Statement Regarding the Termination of CalPortland Company’s Attempted Acquisition of Assets Owned by Rival Cement Producer Martin Marietta Materials, Inc.

Date

April 28, 2023

In response to the announcement that cement producer CalPortland Company has terminated its proposed $350 million acquisition of assets from a rival cement producer in Southern California, Martin...

FTC Sues to Stop the Potentially Illegal Integration of New Orleans Area Hospitals Over Failure to Follow Federal Reporting Law

Date

April 20, 2023

The Federal Trade Commission sued to stop Louisiana Children’s Medical Center (LCMC) from integrating three competing hospitals in the New Orleans area that it recently acquired, saying LCMC and HCA...

Intercontinental Exchange, Inc. and Black Knight, Inc., FTC v.

Type of Action

Federal

Last Updated

April 10, 2023

FTC Matter/File Number

221 0142

Case Status

Pending

FTC Staff Seeks Court Order Preventing ICE from Consummating its Acquisition of Rival Black Knight Pending Agency Administrative Challenge

Date

April 10, 2023

The staff of the Federal Trade Commission asked a federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) to prevent Intercontinental Exchange, Inc. (ICE) from...

FTC, Justice Department, and European Commission Hold Third U.S.- EU Joint Technology Competition Policy Dialogue

Date

March 30, 2023

Federal Trade Commission Chair Lina M. Khan, the Justice Department’s Antitrust Division Assistant Attorney General Jonathan Kanter, and Executive Vice President Margrethe Vestager of the European...

FTC Files Amicus Brief in Sage Chemical vs. Supernus Pharmaceutical Supporting Competition in the Market for Drug Used to Treat Advanced Parkinson’s Disease

Date

March 21, 2023

The Federal Trade Commission filed a brief as Amicus Curiae in the U.S. District Court for the District of Delaware in a case related to Sage Chemical Inc. and its marketing partner TruPharma, LLC’s...

FTC and Justice Department to Hold Annual Spring Enforcers Summit

Date

March 17, 2023

The Federal Trade Commission and the Justice Department’s Antitrust Division will cohost the second Spring Enforcers Summit on Monday, March 27th. Federal Trade Commission Chair Lina M. Khan and...

FTC Acts to Block Deal Combining the Two Top Mortgage Loan Technology Providers

Date

March 9, 2023

The Federal Trade Commission is taking action to block the proposed merger between the nation’s largest provider of home mortgage loan origination systems and other key lender software tools...

Joint Statement by Chair Khan and Commissioners Slaughter, Wilson, and Bedoya, Concerning Amazon.com, Inc.'s Acquisition of 1Life Healthcare (221.02 KB)

Joint Statement of Chair Khan, Commissioner Slaughter, Commissioner Wilson, and Commissioner Bedoya, Regarding Amazon.com, Inc.'s Acquisition of 1Life Healthcare, Inc.

Date

February 27, 2023

Lina M. Khan, Former Chair and Commissioner;

Rebecca Kelly Slaughter, Former Commissioner;

Christine S. Wilson, Former Commissioner;

Alvaro Bedoya, Former Commissioner

Matter Number

2210191

Statement of Commissioner Alvaro M. Bedoya Joined by Commissioner Rebecca Kelly Slaughter Regarding Amazon.com, Inc.'s Acquisition of 1Life Healthcare, Inc.

Date

February 27, 2023

Alvaro Bedoya, Former Commissioner;

Rebecca Kelly Slaughter, Former Commissioner

Matter Number

221 0191

Statement of Commissioner Bedoya, Joined by Commission Slaughter, Regarding Amazon.com, Inc.'s Acquisition of 1Life Healthcare, Inc. (242.11 KB)

Adjudicative Proceedings

Meta/Zuckerberg/Within, In the Matter of

The Federal Trade Commission authorized an administrative complaint against the proposed merger between virtual reality (VR) giant Meta and Within Unlimited, the VR studio that markets Supernatural, a leading VR fitness app. Formerly known as Facebook Inc., Meta sells the most widely used VR headset, operates a widely used VR app store, and already owns many popular VR apps. The agency alleges that Meta’s proposed acquisition of Within would harm competition and dampen innovation in the U.S. markets for fitness and dedicated-fitness VR apps.

Type of Action

Administrative

Last Updated

February 24, 2023

FTC Matter/File Number

221 0040

Docket Number

9411

Case Status

Closed

Statement of Elizabeth Wilkins, Director of the FTC’s Office of Policy Planning, on the Decision of SUNY Upstate Medical University and Crouse Health System, Inc. to Drop Their Proposed Merger

Date

February 16, 2023

The Director of the Federal Trade Commission’s Office of Policy Planning, Elizabeth Wilkins, issued the following statement in response to the decision by the State University of New York Upstate...

Report

Hart-Scott-Rodino Annual Report: Fiscal Year 2021

Date

February 10, 2023

44th Report (FY 2021) (2.83 MB)

HSR Annual Report for FY2021

Statement of Commissioner Rebecca Kelly Slaughter, Joined by Chair Lina M. Khan and Commissioner Alvaro M. Bedoya, Regarding the FY2021 HSR Annual Report

Date

February 10, 2023

Rebecca Kelly Slaughter, Former Commissioner;

Lina M. Khan, Former Chair and Commissioner;

Alvaro Bedoya, Former Commissioner

Matter Number

P110014

Statement of Commissioner Slaughter, Joined by Chair Khan and Commissioner Bedoya, Regarding the FY2021 HSR Annual Report (243.36 KB)

FTC, DOJ Issue Fiscal Year 2021 Hart Scott Rodino Premerger Notification Report

Date

February 10, 2023

The Federal Trade Commission, together with the Justice Department’s Antitrust Division , released the agencies’ 44 th Annual Hart-Scott-Rodino Report. The report presents fiscal year 2021 data on the...