Recent Developments in Antitrust

Programmer Gives Up All The Money He Made Distributing Spyware

February 28, 2007 at 10:47 am

On February 28, Nicholas C. Albert, an affiliate Webmaster who used the allure of “free” music downloads to spread malicious computer code, is settling FTC charges he violated federal law. The defendant, who was paid to distribute the code by the company that developed it, will give up all of […]

Commission Approves Application for Proposed Divestiture in Matter of General Dynamics/SNC

February 27, 2007 at 5:25 pm

On February 27, the FTC approved a petition from General Dynamics Corporation (“General Dynamics”) to divest its 50% interest in American Ordinance LLC (“AO”). The divestiture was required to maintain competition in the U.S. and Canadian markets for melt-pour load, assemble, and pack (“LAP”) services. Through its petition, General Dynamics […]

Commission Approves Application for Proposed Divestiture in Matter of Dan L. Duncan, et al.

February 23, 2007 at 5:24 pm

On February 23, the Commission approved an application for divestiture from Dan L. Duncan (“Duncan”); EPCO, Inc. (“EPCO”); Texas Eastern Products Pipeline Company, LLC; and TEPPCO Partners, L.P. (together “TEPPCO”), concerning a 2006 FTC order related to TEPPCO’s interest in the Mont Belvieu Storage Partners, L.P. (“MBSP”). Under the terms […]

Virginia Executive Agrees to Plead Guilty to Bid Rigging on

February 21, 2007 at 11:01 am

On February 21, Robert Taylor, the former president of a Clearbrook, Virginia marine products company agreed to plead guilty for his participation in two separate conspiracies to rig bids and allocate customers with respect to marine products purchased by the U.S. Navy, the U.S. Coast Guard, and other public and […]

Justice Department Requires Mittal Steel to Divest Sparrows Point Steel Mill

February 20, 2007 at 6:50 pm

On February 20, the DOJ announced Mittal Steel Company N.V. must divest its Sparrows Point facility, located near Baltimore, Maryland to remedy the competitive harm arising from Mittal’s $33 billion acquisition of Arcelor S.A. On Aug. 1, 2006, the Antitrust Division entered into a settlement agreement with Mittal and Arcerlor […]

FTC Receives Sixth Petition for Approval of Proposed Divestiture from SCI and Alderwoods Group

February 16, 2007 at 5:23 pm

On February 16, the Commission received a petition from Service Corporation International (“SCI”) and Alderwoods Group, Inc. seeking approval of a proposed divestiture related to SCI’s recent acquisition of Alderwoods. The FTC’s consent agreement and order required that SCI and Alderwoods divest a range of funeral home and cemetery service […]

FTC Receives Application for Approval of Proposed Divestiture from Thermo Electron Corporation; Final Consent Orders Approved in Matters of Advocate Health Partners and General Dynamics/SNC Technologies

February 9, 2007 at 5:22 pm

On February 9, the FTC received a petition for approval of a proposed divestiture from Thermo Electron Corporation. Under the order, Thermo was required to divest the high-performance centrifugal vacuum evaporators (“CVE”s) assets to a Commission-approved buyer. In the petition, Thermo requested FTC approval to divest the CVE assets to […]

FTC Stops Credit Card Rate Reduction Scam

February 2, 2007 at 10:42 am

On February 2, a Canadian telemarketer that falsely claimed it could reduce U.S. consumers’ credit card rates, was stopped by a federal court. The FTC’s complaint alleges that the defendants have sold credit card interest rate reduction services since December 2005, claiming affiliation with consumers’ credit card companies. The defendants […]