Tag: Merger

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The Federal Trade Commission and its state co-plaintiffs, New York, California, Illinois, North Carolina, Ohio, Pennsylvania, and Virginia, filed an order in court today that shuts down an illegal scheme masterminded by ‘Pharma Bro’ Martin Shkreli that fleeced patients dependent on the life-saving...
Federal Trade Commission Bureau of Competition Director Holly Vedova issued the following statement regarding the report that Great Outdoors Group, LLC and Sportsman’s Warehouse Holdings, Inc. have abandoned their proposed merger, which would have combined two close retail competitors selling...
The Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip design provider Arm Ltd. Semiconductor chips power the computers and technologies that are essential to our modern economy and society. The proposed vertical deal would give one...
The Federal Trade Commission has appointed Gregory Heltzer as the substitute monitor to oversee the Decision and Order In the Matter of Corpus Christi Polymers LLC, et al. because the original monitor retired.The Commission voted 4-0 to appoint Mr. Heltzer as the substitute monitor.
Following a public comment period, the Federal Trade Commission has approved a petition by DTE Energy Company to reopen and modify the FTC’s 2019 final order.
The Federal Trade Commission has approved certain modifications to Bristol Meyers Squibb’s, or BMS’s, Divestiture Agreements that the FTC approved and incorporated into its order as part of a consent that was required when BMS acquired Celgene in 2019. The modifications relate to certain...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that 7-Eleven’s acquisition of Marathon’s Speedway subsidiary violated federal antitrust laws.  
The Federal Trade Commission will require generic drug marketers ANI Pharmaceuticals, Inc. and Novitium Pharma LLC to divest, to Prasco LLC, ANI’s development rights to one generic drug used to treat common infections and assets with respect to another generic drug used to treat inflammation as...
New York-based supermarket operators The Golub Corp., which owns the Price Chopper chain, and Tops Market Corp.
The Federal Trade Commission is currently accepting public comments on an application by Sartorius Stedim Biotech S.A. for the Commission to approve its acquisition of the chromatography equipment business of Novasep Process SAS.
The Federal Trade Commission and the Justice Department’s Antitrust Division released the agencies’ 43rd Annual Hart-Scott-Rodino Report. The report provides HSR Premerger Notification data for fiscal year 2020, and its release coincides with an unprecedented surge in pre-merger filings during the...
The Federal Trade Commission issued a proposed order imposing strict limits on future mergers by DaVita, Inc., a dialysis service provider with a history of fueling consolidation in life-saving health industries. The order follows allegations that DaVita’s proposed acquisition of the University of...
The Federal Trade Commission announced that it is restoring its long-established practice of routinely restricting future acquisitions for merging parties that pursue anticompetitive mergers.
The Federal Trade Commission is seeking public comment on a petition by DTE Energy Company to reopen and modify the FTC’s 2019 order, which remedied the agency’s concerns that NEXUS Gas Transmission, LLC, a natural gas joint venture formerly between DTE Energy Company and Enbridge Inc., would...
The Federal Trade Commission voted to withdraw its approval of the Vertical Merger Guidelines, issued jointly with the Department of Justice (DOJ), and the FTC’s Vertical Merger Commentary. The guidance documents, which were published in 2020, include unsound economic theories that are unsupported...
Today, Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Wednesday, September 15, 2021. The open meeting will begin at 11 am ET and will be followed by a time for members of the public to address the Commission. The following...
Today, the Federal Trade Commission announced that Richard Fairbank, CEO of Capital One Financial Corp., will pay a $637,950 civil penalty to settle charges that his acquisition of Capital One Financial stock violated the Hart-Scott-Rodino (HSR) Act. Fairbank’s recent multi-million dollar...
Today, the Federal Trade Commission filed an amended complaint against Facebook in the agency’s ongoing federal antitrust case. The complaint alleges that after repeated failed attempts to develop innovative mobile features for its network, Facebook instead resorted to an illegal buy-or-bury scheme...
The administrative trial in the matter of Illumina, Inc., and GRAIL, Inc. (D- 9401) is scheduled to begin on Tuesday, Aug. 24, 2021 at 10 a.m. ET, following a prehearing conference on Monday, Aug. 23, 2021 at 2 p.m. ET. This type of proceeding usually takes place at the Federal Trade Commission’s...
Following the U.S. District Court for the District of New Jersey’s decision to grant a preliminary injunction against Hackensack Meridian Health, Inc.’s proposed acquisition of Englewood Healthcare Foundation, FTC Office of Public Affairs Director Lindsay Kryzak made this statement:

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