FTC Seeks Public Comments on Agilent Technologies Application to Modify its Divestiture Obligation Related to Varian Acquisition

The Federal Trade Commission is seeking public comments on an application by Agilent Technologies, Inc. to modify the final FTC Order settling charges that Agilent’s acquisition of Varian, Inc. would reduce competition in the market for high-performance scientific measuring instruments such as gas chromatographs. A public version of the application can be found on the FTC’s website at http://www.ftc.gov/os/caselist/0910135/index.shtm.

The final Order, which was issued on July 2, 2010, required Agilent to sell Varian’s scientific measuring instrument business to Bruker Corporation. As part of that divestiture agreement, the parties entered into a transition services agreement under which former Varian employees are working for Bruker to assemble the instruments at a facility in Melbourne, Australia. Agilent now seeks to alter some of the terms of the transition services agreement relating to the working requirements of the employees assembling the devices. Details of the proposed modification can be found in Agilent’s application.

The FTC is accepting public comments on the petition for 30 days, starting today and continuing through October 18, 2010. Comments can be sent to: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington, DC 20580. (FTC File No. 091-0132; the staff contact is Eric D. Rohlck, Bureau of Competition, 202-326-2681. See press release dated May 14, 2010 at http://www.ftc.gov/opa/2010/05/agilent.shtm.)

Copies of the documents mentioned in this release are available from the FTC’s website at http://www.ftc.gov and from the FTC’s Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call toll-free: 1-877-FTC-HELP.

(FYI 37.2010.wpd)

IR Press

Share
Published by
IR Press
Tags: Competition

Recent Posts

Remarks by Secretary of the Treasury Janet L. Yellen at East Valley American Job Center in Mesa, Arizona

As Prepared for DeliveryI. IntroductionThank you to everyone for being here. It’s good to be…

3 days ago

Agencies Issue Guide to Assist Community Banks to Develop and Implement Third-Party Risk Management Practices

Federal bank regulatory agencies today released a guide to support community banks in managing risks…

3 days ago

MEDIA ADVISORY: Under Secretary for Terrorism and Financial Intelligence Brian Nelson to Travel to Singapore and Malaysia

WASHINGTON – From May 6th to May 9th, Under Secretary of the Treasury for Terrorism…

4 days ago

Remarks by Secretary of the Treasury Janet L. Yellen on the Economic Case for Democracy

As Prepared for DeliveryI. IntroductionGood afternoon. Thank you to the McCain Institute for the invitation…

4 days ago

Treasury Targets Sanctions Evaders Supporting Key Hizballah Financial Advisor

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…

5 days ago