FTC Approves Franchise Services of North America’s Application to Sell Advantage Rent a Car to The Catalyst Capital Group, Inc.

Following a public comment period, the Federal Trade Commission has approved an application by Franchise Services of North America, Inc. (FSNA) to sell assets it acquired from Hertz Global Holdings, Inc. to The Catalyst Capital Group, Inc.  The FTC’s 2012 settlement required Hertz to sell its Advantage rental car business and other assets to a […]

General Electric Agrees to Settlement with FTC That Allows the Purchase of Avio’s Aviation Business

A proposed settlement would prevent General Electric Company (GE) from interfering with the development of a key engine component designed by Italy’s Avio S.p.A. (Avio) for rival aircraft engine manufacturer Pratt & Whitney, resolving Federal Trade Commission charges that GE’s proposed $4.3 billion acquisition of Avio’s aviation business would be anticompetitive. GE, based in Fairfield, […]