Search Results for keywords:"antitrust"

The Federal Trade Commission (FTC) has proposed a consent order to address alleged anticompetitive practices by the private equity firm Welsh, Carson, Anderson & Stowe. The firm was accused of violating several federal laws by consolidating anesthesia services in Texas through its company, U.S. Anesthesia Partners, Inc., which led to increased prices. The proposed order seeks to limit Welsh Carson's influence over this company and requires them to obtain FTC approval for future acquisitions in anesthesia and related medical fields to prevent similar monopolistic behavior. The public has until March 20, 2025, to submit comments on this proposed consent order.

The Federal Trade Commission (FTC) has proposed a consent agreement involving E. & J. Gallo Winery and Constellation Brands to address potential antitrust issues from Gallo's acquisition of some Constellation assets. The agreement includes several actions to maintain competition, such as Constellation divesting some of its brands and maintaining certain others. These actions are intended to prevent reduced competition in markets for sparkling wine, brandy, port, sherry, and high color concentrates. The public can comment on this agreement until February 4, 2021.

Chevron Corporation and Hess Corporation have requested the Federal Trade Commission (FTC) to review and nullify a previous order from January 17, 2025. This order stopped Chevron's efforts to appoint Hess CEO John B. Hess to Chevron's board following their merger, which was seen as potentially harming competition by increasing industry coordination. Chevron and Hess argue that the order lacks a valid antitrust basis, claiming that Mr. Hess's role would not significantly affect competition or oil prices, and that removing the order would be in the public interest to enhance U.S. energy production. The FTC is inviting the public to comment on this petition until May 12, 2025.

The United States Department of Justice, along with several states, filed a lawsuit against RealPage, Inc. and several landlord companies, claiming they violated antitrust laws. The lawsuit alleges that these companies used RealPage's software to share sensitive rental information to influence and align rental prices, reducing competition and leading to higher rents for tenants. As part of a proposed settlement, Cortland Management, one of the defendants, agreed to stop using RealPage's software and instead use its own revenue management system without sharing sensitive data. The settlement aims to prevent Cortland from engaging in similar anticompetitive behavior in the future.