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1
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US EXPLANATION OF CONSENT DECREE PROCEDURES
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EXTRACTED KEY WORDS
JUDGEMENT COURT ENTRY ANTITRUST APPA CONSENT SETTLE STIPULATION COMPLIANCE COMPETITIVE IMPACT FEDERAL REGISTER RESPONSES MEMORANDUM SUMMARIZING PURSUANT PENALTIES ACT CIVIL ANTITRUST COMPLAINT SEPARATE STIPULATION PARTIES STATEMENT RELATING NEWSPAPERS PRIOR MEMBERS UNITED STATES DEPARTMENT JUSTICE ANTITRUST DIVISION THEREAFTER WITHDRAW UNITED STATES REQUESTS |
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
__________________________________________)
UNITED STATES OF AMERICA, )
Department of Justice )
Antitrust Division )
1401 H Street, N.W. )
Suite 3000 )
Washington, D.C. 20530 ))
Plaintiff, ))
v. ) )
AKTIEBOLAGET VOLVO, ) Civil No.: 1:00CV03006
S-405 08 Goteborg )
Sweden ) Fil
Filed: 12/18/00
)
VOLVO TRUCKS NORTH AMERICA, INC., )
7900 National Service Road )
Greensboro, North Carolina 27409 ))
RENAULT S.A., )
13-15 Quai Le Gallo )
Boulogne-Billancourt 92100 )
France ))
RENAULT V.I. S.A., )
129 rue Servient )
"La Part-Dieu" )
69003 Lyon, France ))
and ))
MACK TRUCKS, INC. )
2100 Mack Boulevard )
Allentown, Pennsylvania 18105 ))
Defendants. )
__________________________________________)
UNITED STATES' EXPLANATION OF CONSENT DECREE PROCEDURES
The United States submits this short memorandum summarizing
the procedures regarding the Court's entry of the proposed Final
Judgment. This Judgment would settle this case pursuant to the
Antitrust Procedures and Penalties Act, 15 U.S.C. §§ 16(b)-(h)
(the "APPA"), which applies to civil antitrust cases brought and
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2
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HOLD SEPARATE ORDER
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EXTRACTED KEY WORDS
TRUCK BUSINESS MACK LCOE VTNA DEFENDANTS JUDGEMENT STIPULATION COURT DESIGNS ASSETS SALES RELATING SEPARATE STIPULATION LICENSES PRODUCTION UNITED STATES COMPETITORS DIVESTITURE MANAGERS EMPLOYEES RENAULT SUBSIDIARIES INTELLECTUAL PROPERTY SUBLICENSES ENTRY VOLVO SUCCESSORS AGENTS CONNECTION MARKETING |
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
__________________________________________)
UNITED STATES OF AMERICA, )
Department of Justice )
Antitrust Division )
1401 H Street, N.W. )
Suite 3000 )
Washington, D.C. 20530 ))
Plaintiff, ))
v. ) )
AKTIEBOLAGET VOLVO, ) Civil No.: 1:00CV03006
S-405 08 Goteborg )
Sweden ) F
Filed: 12/18/00
)
VOLVO TRUCKS NORTH AMERICA, INC., )
7900 National Service Road )
Greensboro, North Carolina 27409 ))
RENAULT S.A., )
13-15 Quai Le Gallo )
Boulogne-Billancourt 92100 )
France ))
RENAULT V.I. S.A., )
129 rue Servient )
"La Part-Dieu" )
69003 Lyon, France ))
and ))
MACK TRUCKS, INC. )
2100 Mack Boulevard )
Allentown, Pennsylvania 18105 ))
Defendants. )
__________________________________________)
HOLD SEPARATE STIPULATION AND ORDER
It is hereby stipulated and agreed by and between the undersigned parties, subject to
approval and entry by the Court, that:
I.
DEFINITIONS
As used in this Hold Separate Stipulation and Order:
A. "Purchaser" means the entity to whom defendants divest either the VTNA LCOE
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3
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COMPLAINT
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EXTRACTED KEY WORDS
HEAVY DUTY LCOE TRUCKS UNITED STATES RENAULT VOLVO PRODUCTION MARKET MACK COMPETITION SALE DEFENDANTS PROPOSED ACQUISITION CAB ENGINES VTNA PRICE FIRMS CLAYTON ACT BUSINESS MANUFACTURER DESIGN HHI TRANSACTION AMERICA FRANCE ENTRY LAWS CORPORATE HEADQUARTERS RELEVANT GEOGRAPHIC MARKET |
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
__________________________________________)
UNITED STATES OF AMERICA, )
Department of Justice )
Antitrust Division )
1401 H Street, N.W. )
Suite 3000 )
Washington, D.C. 20530 ))
Plaintiff, ))
v. ) )
AKTIEBOLAGET VOLVO, ) Civil No.: 100CV03006
S-405 08 Goteborg )
Sweden ) Fil
Filed: 12/18/00
)
VOLVO TRUCKS NORTH AMERICA, INC., )
7900 National Service Road )
Greensboro, North Carolina 27409 ))
RENAULT S.A., )
13-15 Quai Le Gallo )
Boulogne-Billancourt 92100 )
France ))
RENAULT V.I. S.A., )
129 rue Servient )
"La Part-Dieu" )
69003 Lyon, France ))
and ))
MACK TRUCKS, INC. )
2100 Mack Boulevard )
Allentown, Pennsylvania 18105 ))
Defendants. )
__________________________________________)
COMPLAINT
The United States of America, acting under the direction of the Attorney General of the
United States, brings this civil action to obtain equitable relief against defendants to prevent
Aktiebolaget Volvo's ("AB Volvo") proposed acquisition of Renault V.I. S.A. ("Renault V.I."),
which includes Mack Trucks, Inc. ("Mack"), from Renault S.A. ("Renault"), and alleges as
follows:
1. AB Volvo and Renault compete vigorously against each other in the development,
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4
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COMPETITIVE IMPACT STATEMENT
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EXTRACTED KEY WORDS
UNITED STATES HEAVY DUTY JUDGEMENT DEFENDANTS COMPETITION RENAULT ACQUISITION COMPLAINT MACK ENTRY VOLVO ANTITRUST CAB ENGINES CLAYTON ACT COMPETITIVE IMPACT STATEMENT VIOLATIONS COMPLAINT ALLEGES LCOE TRUCK BUSINESS PROCEEDING VTNA DIVESTITURE APPA STRAIGHT TRUCKS PRODUCTION TIME PERIOD MANUFACTURER CIVIL ANTITRUST ALLEGING AKTIEBOLAGET |
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
__________________________________________)
UNITED STATES OF AMERICA, ))
Plaintiff, ))
v. ) )
AKTIEBOLAGET VOLVO, ) Civil No.: 1:00CV03006
VOLVO TRUCKS NORTH AMERICA, INC., ) Fil
Filed: 02/07/01
RENAULT S.A., RENAULT V.I. S.A., and )
MACK TRUCKS, INC. ))
Defendants. )
__________________________________________)
COMPETITIVE IMPACT STATEMENT
The United States, pursuant to Section 2(b) of the Antitrust Procedures and Penalties Act
("APPA"), 15 U.S.C. § 16(b)-(h), files this Competitive Impact Statement relating to the
proposed Final Judgment submitted for entry in this civil antitrust proceeding.
I.
NATURE AND PURPOSE OF THIS PROCEEDING
The United States filed a civil antitrust Complaint under Section 15 of the Clayton Act, 15
U.S.C. § 25 on December 18, 2000, alleging Aktiebolaget Volvo's ("AB Volvo") acquisition of
Renault V.I. S.A. ("Renault V.I."), which includes Mack Trucks, Inc. ("Mack"), from Renault
S.A. ("Renault") would substantially lessen competition in violation of Section 7 of the Clayton
Act, as amended, 15 U.S.C. § 18.
The Complaint alleges the defendants are the two largest producers of heavy duty (class
8), low cab over engine straight trucks ("LCOE Trucks") in the United States. The proposed
acquisition would result in AB Volvo accounting for approximately 86 percent of heavy duty
LCOE Truck sales in the United States. The Complaint alleges the transaction will substantially
lessen competition in the development, production, and sale of heavy duty LCOE Trucks sold in
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5
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PROPOSED FINAL JUDGMENT
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EXTRACTED KEY WORDS
BUSINESS DEFENDANTS JUDGEMENT UNITED STATES MACK DIVESTITURE LCOE TRUCK BUSINESS COURT VTNA LCOE TRUCK ASSETS RENAULT TRUSTEE VOLVO PURCHASER COMPLAINT ATTORNEYS PROVISIONS INTELLECTUAL PROPERTY PROPOSED DIVESTITURE ACCOMPLISH VOLVO TRUCKS NORTH COMPETITION AGREEMENTS SUBSIDIARIES EMPLOYEES MATERIALS SUBLICENSES DEFENDANTS AKTIEBOLAGET VOLVO ADJUDICATION |
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
__________________________________________)
UNITED STATES OF AMERICA, )
Department of Justice )
Antitrust Division )
1401 H Street, N.W. )
Suite 3000 )
Washington, D.C. 20530 ))
Plaintiff, ))
v. ) )
AKTIEBOLAGET VOLVO, ) Civil No.: 1:00CV03006
S-405 08 Goteborg )
Sweden ) Fil
Filed: 12/18/00
)
VOLVO TRUCKS NORTH AMERICA, INC., )
7900 National Service Road )
Greensboro, North Carolina 27409 ))
RENAULT S.A., )
13-15 Quai Le Gallo )
Boulogne-Billancourt 92100 )
France ))
RENAULT V.I. S.A., )
129 rue Servient )
"La Part-Dieu" )
69003 Lyon, France ))
and ))
MACK TRUCKS, INC. )
2100 Mack Boulevard )
Allentown, Pennsylvania 18105 ))
Defendants. )
__________________________________________)
FINAL JUDGMENT
WHEREAS, plaintiff, the United States of America ("United States"), filed its Complaint
on December 18, 2000, and defendants Aktiebolaget Volvo ("AB Volvo"), Volvo Trucks North
America, Inc. ("VTNA"), Renault S.A. ("Renault"), Renault V.I. S.A. ("Renault V.I."), and
Mack Trucks, Inc. ("Mack"), by their respective attorneys, having consented to the entry of this
Final Judgment without trial or adjudication of any issue of fact or law herein, and without this
Final Judgment constituting any evidence against or any admission by any party with respect to
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