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Headlines Tagged with FTC 645 headlines found

27 Views

Proposed Consent Agreement and Request for Public Comments Subject Category: In the Matter of Reynolds American Inc. and Lorillard Inc.

Invitation To Comment: The consent agreement in this matter settles alleged violations of federal law prohibiting unfair or deceptive acts or practices or unfair methods of competition. The Federal Register Notice includes an Analysis to Aid Public Comme
Federal Trade Commission (FTC)
added May 27, 2015 09:41
25 Views

Reynolds-Lorillard Wins FTC Approval With 3-to-2 Vote

“The merging parties chose to present this acquisition to the commission with a proposed divestiture aimed solely at securing our approval of the acquisition,” the FTC wrote. “As proposed, Reynolds will purchase Lorillard for $27.4 billion and then immed
CSP News (Convenience Store/Petroleum)
added May 27, 2015 03:42
4 Views

Dissenting Statement of Commissioner Joshua D. Wright In the Matter of Reynolds American Inc. and Lorillard Inc. (PDF)

that is not our role. There is no legal authority for the proposition that the Commission can prophylactically impose remedies without an underlying violation of the antitrust laws. And there is no legal authority to support the view that the Commission
Federal Trade Commission (FTC)
added May 27, 2015 02:53
3 Views

[North Carolina] Reynolds-Lorillard deal gets FTC clearance

The FTC vote to accept the proposed consent order for public comment was 3-2, with Commissioners Julie Brill and Joshua D. Wright voting "no" and issuing dissenting statements, according to the press release. The public comment period starts Tuesday and
Business Journal of the Greater Triad Area
added May 27, 2015 02:37
6 Views

UPDATED: FTC approves Reynolds-Lorillard deal

Reynolds American Inc.’s plans to divest four traditional and one electronic cigarette brands proved enough to narrowly win Federal Trade Commission approval of its $27.4 billion megadeal for Triad rival Lorillard Inc.
Winston-Salem (NC) Journal
added May 27, 2015 02:36
3 Views

Reynolds-Lorillard Tobacco Merger Gets FTC Clearance

said it was satisfied the divestitures would restore market competition that would have been lost through the merger, with Imperial “positioned to be a sufficiently robust and aggressive competitor” to a combined Reynolds-Lorillard and industry leader Alt
The Wall Street Journal Interactive Edition
added May 27, 2015 02:34
5 Views

In the Matter of REYNOLDS AMERICAN INC., a corporation, and LORILLARD, INC., a corporation. COMPLAINT (PDF)

The Acquisition, if consummated, is likely to substantially lessen competition for the retail sale of cigarettes in the United States in the following ways, among others: by eliminating current and emerging competition between Respondents Reynolds and L
Federal Trade Commission (FTC)
added Jun 20, 2015 16:28
31 Views

Reynolds Cleared to Buy Lorillard With Sale of Four Brands

“Imperial is positioned to be a sufficiently robust and aggressive competitor,” said the commission, which voted 3-2 to clear the deal. The merger allows Reynolds to acquire Lorillard’s Newport menthol cigarette brand, which is popular in urban areas, an
Bloomberg News
added May 27, 2015 03:43
14 Views

Reynolds American Inc., and Lorillard, Inc., In the Matter of

CASE TIMELINE
Federal Trade Commission (FTC)
added May 27, 2015 03:26
15 Views

In the Matter of REYNOLDS AMERICAN and LORILLARD: DECISION AND ORDER [Public Record Version] (PDF)

IT IS FURTHER ORDERED that: A. On the Acquisition Date, Respondent Reynolds shall divest the Combined Cigarette Business, absolutely and in good faith, to Imperial, pursuant to, and in accordance with, the Imperial Divestiture Agreement. The Imperial Dive
Federal Trade Commission (FTC)
added May 27, 2015 03:23
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