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FTC Holds Open Commission Meeting Today

Date
Today, the Federal Trade Commission will hold a virtual open Commission meeting followed by live comments from the public. This will be the first of a series of monthly meetings that will open the...
Jul01

Open Commission Meeting – July 1, 2021

Agenda items: Made in the USA Rule, Section 18 Rulemaking Procedures, “Statement of Enforcement Principles Regarding ‘Unfair Methods of Competition’ Under Section 5 of the FTC Act” (2015), and...

Eldorado Resorts and Caesars Entertainment, In the Matter of

Casino operator Eldorado Resorts, Inc. has agreed to divest assets to settle charges that its $17.3 billion acquisition of Caesars Entertainment Corporation likely would be anticompetitive in the South Lake Tahoe area of Nevada, the Bossier City-Shreveport area of Louisiana, and the Kansas City area of Kansas and Missouri. According to the complaint, the proposed acquisition would harm competition for casino services in these three local markets, increasing the likelihood that Eldorado would unilaterally exercise market power, which in turn would lead to higher prices and reduced quality. In August 2020, the Federal Trade Commission approved a final order resolving those charges.

Type of Action
Administrative
Last Updated
FTC Matter/File Number
191 0158
Docket Number
C-4721
Case Status
Pending

Benco/Schein/Patterson, In the Matter of

The Federal Trade Commission issued an administrative complaint alleging that Benco, Henry Schein and Patterson, the nation's three largest dental supply companies, violated U.S. antitrust laws by conspiring to refuse to provide discounts to or otherwise serve buying groups representing dental practitioners. These buying groups sought lower prices for dental supplies and equipment on behalf of solo and small-group dental practices seeking to gain discounts by aggregating and leveraging the collective purchasing power and bargaining skills of the individual practices. The complaint also alleges an FTC Act Section 5 violation against Benco for inviting a fourth competing distributor to join the conspiracy.

Type of Action
Administrative
Last Updated
FTC Matter/File Number
151 0190
Docket Number
9379
Case Status
Closed

Aaron's Inc., In the Matter of

Rent-to-own operators Aaron’s Inc., Buddy’s Newco, LLC, and Rent-A-Center, Inc. agreed to settle FTC charges that they negotiated and executed reciprocal purchase agreements in violation of federal antitrust law. The complaints allege that from June 2015 to May 2018, Aaron’s, Buddy’s, and Rent-A-Center each entered into anticompetitive reciprocal agreements with each other and other competitors. The three proposed consent agreements prohibited the rent-to-own companies and their franchisees from entering into any reciprocal purchase agreement or inviting others to do so, and from enforcing the non-compete clauses still in effect from the past reciprocal purchase agreements. After a public comment period, the Commission announced the final consent agreements.

Type of Action
Administrative
Last Updated
FTC Matter/File Number
191 0074
Case Status
Pending