The FTC continues to enforce Section 8 -- common directors on competitors' boards -- but allows the minority share acquisition. Stock price jumps on the announcement.
www.ftc.gov/news-events/...
Economic incentives through horizontal shareholding are more important than governance arrangements?
ftc.gov
FTC Takes Action to Prevent Anticompetitive Arrangement in Beretta, Ruger Deal
The Federal Trade Commission took action to resolve antitrust concerns arising from a stock purchase agreement between two of the largest firearm manufacturers, Beretta Holding S.A.
