Outside the United States
Proposed Consent Agreement In the Matter of Graco, Inc., Docket No. 9350
Being a user of electrostatic liquid painting, we are writing to file an antitrust for acquisition of Graco & ITW. To do conditional order for acquisition between Graco & ITW would result in higher costs for customers. From the market share in north America and America, Graco shall occupy over 50% currently, the follower should be ITW. No one could warrant it will NOT become a monopoly market from an indefinite conditional order. Under this condition, how to protect electrostatic liquid painting equipment users and keep fair market price in North America and America? In worst case, the government would pay more efforts and cost to keep eyes on if this conditional order is out of control between Graco & ITW or not. Moreover, the products of both they manufactured are in the special business of electrostatic liquid painting and the related equipment which is unique field. To eliminate substantial competition between the two companies should also remove innovation and progress in this field. As mentioned at FTC, competition is always bring more innovative products and better price for customers. The biggest winner of this conditional acquisition could actually be Graco who would become much profitable from controlling markets price, distribution channels..... Who will pay these implicit cost from retail products finally ? --- Absolutely, the manufacturer in America and North America and then end-users.