Skip to main content

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the proposed $13.4 billion merger of American Air Liquide Holdings, Inc. and Airgas, Inc. would likely be anticompetitive.

Under the terms of the order, first announced in May 2016, the companies are required to divest assets used to produce and supply seven types of industrial gas: bulk oxygen, bulk nitrogen, bulk argon, bulk nitrous oxide, bulk liquid carbon dioxide, dry ice, and packaged welding gases sold in retail stores. The FTC is currently accepting public comments on an application by American Air Liquide Holdings to divest these assets to Matheson Tri-Gas, Inc., a Delaware-based subsidiary of Taiyo Nippon Sаnso Corporation of Japan.

The Commission vote approving the final order was 3-0. (FTC File No. 161 0045; the staff contact is Christine Tasso, Bureau of Competition, 202-326-2232)

The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about how competition benefits consumers or file an antitrust complaint. Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.

Contact Information

Betsy Lordan
Office of Public Affairs