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Richard Fairbank, CEO of Capital One Financial Corp., has agreed to settle Federal Trade Commission charges that his March 8, 2018, acquisition of Capital One Financial (COF) stock violated the Hart-Scott-Rodino Act. Under a negotiated settlement, Fairbank will pay a $637,950 civil...
7-Eleven, Inc. and Marathon Petroleum Corporation have agreed to divest retail fuel assets used to sell gasoline and diesel fuel in 293 local markets across 20 states, to settle Federal Trade Commission charges that 7-Eleven’s acquisition of Marathon’s Speedway subsidiary violated...
The Federal Trade Commission is seeking to block Lehigh Cement Company LLC’s $151 million acquisition of rival Pennsylvania-based cement producer Keystone Cement Company, alleging the deal would harm regional competition in the market for the key ingredient used to make concrete.  The...

Filtering by content type: Press Release

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:
The Federal Trade Commission is adjusting its process for reviewing mergers to deal with a surge in merger filings.
The Federal Trade Commission voted in an open Commission meeting to rescind a 1995 policy statement that made it more difficult and burdensome to deter problematic mergers and acquisitions. The 1995 Policy Statement on Prior Approval and Prior Notice Provisions ended the Commission’s longstanding...
The following statement can be attributed to Federal Trade Commission Chair Lina M. Khan and Acting Assistant Attorney General of the Justice Department Antitrust Division Richard A. Powers:
7-Eleven, Inc. and Marathon Petroleum Corporation have agreed to divest hundreds of stores used to sell gasoline and diesel fuel in 293 local markets across 20 states to settle Federal Trade Commission charges that 7-Eleven ’s acquisition of Marathon’s Speedway subsidiary violated federal antitrust...
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Casey’s General Stores Inc.’s acquisition of Buck’s Intermediate Holdings, LLC would violate federal antitrust law. Under the order, the companies have agreed to divest retail fuel...
Following the parties’ decision to abandon their proposed merger, Acting Bureau of Competition Director Maribeth Petrizzi made this statement:
The Federal Trade Commission is seeking to block Lehigh Cement Company LLC’s $151 million acquisition of rival Pennsylvania-based cement producer Keystone Cement Company, alleging the deal would harm regional competition in the market for the key ingredient used to make concrete. Lehigh owns and...
Today Federal Trade Commission Acting Chairwoman Rebecca Kelly Slaughter and Commissioner Rohit Chopra issued the following statement in response to the announcement by 7-Eleven’s parent company that it had pressed forward in its merger agreement with Marathon Petroleum Corporation during the...
Casey’s General Stores, Inc., Buck’s Intermediate Holdings, LLC, and Steven Buchanan, have agreed to divest retail fuel assets in local gasoline and diesel fuel markets across two states to settle Federal Trade Commission charges that Casey’s proposed acquisition would violate federal antitrust law.

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