I have the most profound respect for the Department of Justice and the FTC. We in Europe are a younger and I would say junior institution to the historical antitrust experience of the US.
I have the most profound respect for the Department of Justice and the FTC. We in Europe are a younger and I would say junior institution to the historical antitrust experience of the US.
Obviously, the Guidant board favors the certainty associated with JJ's offer. They've basically gotten the FTC to sign off with JJ. They just need shareholder approval.
I'm disappointed by the lack of FTC action, but I'm not surprised. It just goes to show that they're not really a dedicated privacy agency. This is something they should jump on. They shouldn't wait for groups like us to take the lead.
It is very clear that the FTC is the limiting factor right now. They seem to have a much higher level of scrutiny than their European counterparts.
The South Korean FTC paid an unscheduled visit to our offices in Seoul on Tuesday of this week. It happened during normal business hours. It's part of a previously announced and ongoing inquiry into our business practices. We are continuing to cooperate and expect that at the end of the Day, they will conclude that our business practices are both fair and lawful.
If the federal government in Washington has concluded that there are not shortages of gasoline, then it clearly is an example of big oil companies' price gouging. The Bush Administration and the FTC should immediately identify the companies that are profiting off of this disaster,
As the FTC noted in its recent review of 2002 advertising, illegal underage drinking continued to decline in spite of the increase in alcohol advertising that accompanied the introduction of several new brands that year.
One of the linchpins of this whole agreement is now the FTC is going to become an aggressive pit bull for the privacy rights of Europeans,
We are deeply gratified that the (FTC) has given unconditional approval to the Boeing/McDonnell Douglas merger,
This sends a strong signal that the FTC is on the beat. They have the authority to help establish some (legal) precedents that will help steer the market toward better practices.
The final decision is up to the FTC. But we hope the FTC would take into consideration that both companies compromised for the benefit of corporate consumers and end users.
The market is speculating that the deal will take longer to close and will have more of a problem clearing FTC approval than Whirlpool is intimating.
We acknowledge that representatives from the Korean FTC (Free Trade Commission) did pay an unscheduled visit to our office in Seoul earlier this week during normal business hours.
Like other antitrust agencies we make our assessment of a merger or antitrust case based on its impact on our jurisdiction, and not on the nationality of the companies. This is exactly what the U.S. antitrust agencies, the Justice Department and the FTC, do.
Completion of the FTC review marks a major milestone in the approval process, and we are now focused on winning the shareowner vote,
We call on the FTC to make clear its findings as soon as possible.
© 2020 Inspirational Stories
© 2020 Inspirational Stories