Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Johnson & Johnson's proposed acquisition of Synthes, Inc. would have been anticompetitive in the market for surgical systems used to treat traumatic distal radius wrist fractures. The final FTC order resolving the charges requires Johnson & Johnson to sell its system for surgically treating serious wrist fractures.
The Commission vote approving the final order was 5-0. (FTC File No. 111-0160; Docket No. C-4363; the staff contact is Mark D. Seidman, Bureau of Competition, 202-326-3296; see press release dated June 11, 2012.)
(FYI 24.2012.wpd)
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