Tag: Competition

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Phillips Petroleum Company has agreed to divest approximately 160 miles of its natural gas pipeline system in Oklahoma as part of a settlement with the Federal Trade Commission over the firm’s acquisition of gas-gathering assets from ANR Pipeline Company. The settlement would resolve FTC charges...
Under an agreement the Federal Trade Commission has negotiated with Foodmaker, Inc., the San Diego-based restaurant chain owner will pay a $1.45 million civil penalty to settle charges that one of its subsidiaries knowingly failed to notify the nation’s two antitrust enforcement agencies before the...
Following a Federal Trade Commission investigation, Titan Wheel International, Inc., a Quincy, Illinois-based wheel manufacturer, has agreed to pay a $130,000 civil penalty -- the maximum allowable under law -- to settle federal charges that it took control of a Des Moines tire plant of Pirelli...
The Federal Trade Commission has negotiated a settlement with Automatic Data Processing, Inc. (ADP) under which the firm will pay a $2.97 million civil penalty for failing to include key competitive documents in a “premerger” filing it made with the federal government in connection with its April...
Orders Group to Rescind Restrictions, Reinstate Disciplined Dentists
The Federal Trade Commission has given final approval to a consent agreement with Phillips Petroleum Company and Enron Corp., settling charges that Phillips' proposed acquisition of certain natural gas pipeline gathering systems owned by Enron subsidiaries would eliminate competition for natural...
Federated Department Stores, Inc., one of the country's largest operators of department stores, has agreed to settle Federal Trade Commission charges that it violated a 1979 FTC order prohibiting it from interfering with the entry of another tenant in any shopping mall in which it operates a store...
WHO: Robert Pitofsky, Chairman, Federal Trade Commission Joseph E. Stiglitz, Chairman, Council of Economic Advisors Lewis E. Platt, Chairman and CEO, Hewlett-Packard Co. Sanford M. Litvack, Senior Executive Vice President and Chief of Corporate Operations, The Walt Disney Co. Ryal R. Poppa,...
The Federal Trade Commission has granted the request of Furr's Supermarkets, Inc. to delete from a 1988 settlement a provision requiring Furr's to obtain FTC approval, until 1998, before acquiring any supermarket assets in any of 19 designated areas in New Mexico and western Texas. In its place,...
A Federal Trade Commission administrative law judge has issued an order prohibiting the California Dental Association (CDA), whose 19,000 members comprise 75 percent of the dentists in the state, from interfering with any truthful, nondeceptive advertising in which its members engage and to take...
McWhorter Technologies, Inc. has petitioned the Federal Trade Commission to delete a provision in an order requiring the company, until 2003, to obtain the FTC's approval before acquiring assets used in manufacturing coating resins in the United States. McWhorter makes the request pursuant to the...
The Federal Trade Commission today announced a new policy that will expand cooperative efforts between the Commission and the state Attorneys General in merger investigations. The procedure will increase information sharing with state antitrust officials, thus improving coordination where both...
Furr's Supermarkets, Inc. has petitioned the Federal Trade Commission to reopen and modify or clarify a 1988 consent order to allow Furr's to acquire supermarkets it currently operates as a lessee in 19 areas in New Mexico and western Texas, without first obtaining FTC approval. Furr's Supermarkets...
The Federal Trade Commission and the Justice Department have finalized guidelines regarding enforcement of U.S. antitrust laws in the international arena. First proposed last October, the final guidelines address when federal antitrust laws apply to entities and conduct outside the United States...

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