The Federal Trade Commission staff submitted a supplemental comment and analysis to the Virginia Department of Health that opposes issuing a letter authorizing a cooperative agreement to Mountain States Health Alliance and Wellmont Health System. The supplemental comment replies to Mountain States and Wellmont’s October 14, 2016 response to FTC staff’s previous comment, and provides […]
Tag Archives: Bureau of Competition Competition
FTC Approves Final Order Preserving Competition for Certain Physician Services in St. Cloud, MN
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that CentraCare’s acquisition of St. Cloud Medical Group, also known as SCMG, would be anticompetitive. According to the complaint, by eliminating SCMG as a potential alternative in the St. Cloud area, the acquisition, if unremedied, likely would have increased […]
FTC Requires Divestitures as Condition to Proposed $13.53 Billion Deal between German Pharmaceutical Boehringer Ingelheim and Paris-based Sanofi
German pharmaceutical company Boehringer Ingelheim has agreed to divest five types of animal health products in the United States in order to settle FTC charges that its proposed asset swap with Paris-based Sanofi would likely be anticompetitive. Under the proposed swap, Boehringer Ingelheim will acquire Sanofi’s animal care subsidiary, Merial, valued at $13.53 billion, and […]
FTC Puts Conditions on Abbott Laboratories’ proposed $25 billion Acquisition of Rival Medical Device Maker St. Jude Medical, Inc.
U.S.-based global healthcare company Abbott Laboratories has agreed to divest two medical device businesses to settle FTC charges that its proposed $25 billion acquisition of St. Jude Medical, Inc. would likely be anticompetitive. The FTC’s complaint alleges that without a remedy, the proposed acquisition would harm competition in the U.S. markets for vascular closure devices, […]
FTC Approves American Air Liquide Holdings, Inc.’s Application to Divest Assets to Reliant Holdings, Ltd.
Following a public comment period, the Federal Trade Commission has approved an application from American Air Liquide Holdings, Inc. to sell to Reliant Holdings, Ltd. certain assets related to production of bulk liquid carbon dioxide and dry ice at facilities in Galva, and Sergeant Bluff, Iowa. The divestiture is required by the FTC’s July 2016 […]
FTC Approves Application from HeidelbergCement AG and Italcementi S.p.A. to Divest Martinsburg, West Virginia Cement Facility and Related Assets
Following a public comment period, the Federal Trade Commission has approved an application from HeidelbergCement AG and Italcementi S.p.A. to sell the Essroc cement plant in Martinsburg, West Virginia, eight cement terminals in the mid-Atlantic, and related assets to Argos USA LLC, a subsidiary of Cementos Argos S.A. The divestiture is required by the FTC’s […]
Investment Firm Founder Fayez Sarofim to Pay $720,000 to Settle FTC Charges For Violation of U.S. Premerger Notification Requirements
Investment firm founder Fayez Sarofim has agreed to pay $720,000 in civil penalties to resolve Federal Trade Commission allegations that he violated the Hart-Scott-Rodino Act by failing to report stock purchases from several issuers between 2001 and 2012. Under the Hart-Scott-Rodino Act, companies and individuals must notify the FTC and the Department of Justice of […]
FTC Requests Public Comment on American Air Liquide Holdings, Inc.’s Application to Approve Divestiture of Assets to Reliant Processing, Ltd.
The Federal Trade Commission is currently accepting public comments on an application by American Air Liquide Holdings, Inc. to sell to Reliant Processing, Ltd. certain assets related to production of bulk liquid carbon dioxide at facilities in Galva, and Sergeant Bluff, Iowa. This petition replaces one submitted in July by American Air Liquide Holdings, Inc. […]
Healthcare Provider in St. Cloud, MN Settles FTC Charges That Its Acquisition of Rival Provider Would Likely Lessen Competition for Certain Physician Services
The Federal Trade Commission will require CentraCare Health, a healthcare provider in St. Cloud, Minnesota, to release some physicians from “non-compete” contract clauses, allowing them to join competing practices, under a settlement mitigating likely anticompetitive effects from CentraCare’s proposed merger with St. Cloud Medical Group (“SCMG”). CentraCare Health is a non-profit health system in central […]
FTC Approves Final Order Preserving Competition in Market for Insulated-Gate Bipolar Transistors Used in Automotive Ignition Systems
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that ON Semiconductor Corporation’s $2.4 billion acquisition of Fairchild Semiconductor International, Inc. is likely anticompetitive. Under the order, first announced in August 2016, the companies are required to sell ON’s Ignition IGBT business to Chicago-based manufacturer Littelfuse, Inc. within […]