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Administrative Complaint.pdf

otto_bock_part_3_complaint_redacted_public_version.pdf
Preview of administrative complaint
🔗 Source: ftc.gov
📊 Size: 105 KB
👤 Author: Federal Trade Commission
⬇️ Downloads: 268

Summary

The Federal Trade Commission (FTC) issued a complaint against Otto Bock HealthCare North America, Inc. for acquiring its closest competitor, Freedom Innovations, in violation of Section 5 of the FTC Act and Section 7 of the Clayton Act. The acquisition eliminated direct competition between the two companies, further entrenching Otto Bock's position as the dominant supplier of microprocessor prosthetic knees. The merger is presumed unlawful under the 2010 Horizontal Merger Guidelines, and new entry or expansion by other manufacturers is unlikely to offset the anticompetitive effects. The FTC alleges that the merger will harm amputees in the US by reducing competition, increasing prices, and decreasing innovation in microprocessor prosthetic knees.

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Description

The Federal Trade Commission (FTC) issued a complaint against Otto Bock HealthCare North America, Inc.

Technical Information

  • File Format: PDF
  • File Size: 105 KB
  • Pages: 15
  • Language: EN
  • Author: Federal Trade Commission
  • Total Downloads: 268
  • Last Updated: 1 week ago

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