Markets Wired

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Fortiline, LLC, a company that distributes ductile iron pipe, fittings and accessories throughout much of the United States, illegally invited a competitor to collude on prices.

Under the FTC order, Fortiline is barred from entering into, attempting to enter into, or inviting any agreement with any competitor to raise or fix prices, divide markets, or allocate customers.

The Commission vote approving the final order was 2-1, with Commissioner Maureen K. Ohlhausen voting no. (FTC File No 151 0000; the staff contact is Mark Taylor, Bureau of Competition, 202-326- 2287)

The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about how competition benefits consumers or file an antitrust complaint. Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.