LegalCaseDocs.com
shopping cart  
  |     
Search
 

 
New Visitors


 VeriSign Secure Site

 Get Adobe Reader

FTC v LIBBY INC and NEWELL RUBBERMAID INC Click to find out why . . .



Keywords & Phrases
CaseNo: FVLIANRI194464, CourtCode: FED, CourtName: FEDERAL TRADE COMMISSION, Plaintiff: FTC, State: PA Pennsylvania, UniqueCaseRef: LCD>FVLIANRI194464, Glassware, Commission, Food Service, Act, Libbey, Anchor, Acquisition, Competition, Ftc Act, Substantiallv, Newell Rubbermaid, Market, Clayton Act, Injunction, Administrative Proceedings, Preliminary Injunction, Complaint, Sales, Violate, United States, Commencement, Indirect, Enjoining, Federal Trade Commission, Seller, Relevant Market, Consummate, Distributors , ContentID: 120249918

Case Documents
1   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 123541
7 pages
PDF
Total Documents: 1 document , 7 pages
Price: $ 19.95


IVESLCD01 KGI0001
 
 

 Forgot your password?


1 . COMPLAINT

EXTRACTED KEY WORDS
COMMISSION
FOOD SERVICE
ACT
LIBBEY
ANCHOR
ACQUISITION
COMPETITION
FTC ACT
DEFENDANT
SUBSTANTIALLV
NEWELL RUBBERMAID
COURT
MARKET
CLAYTON ACT
INJUNCTION
ADMINISTRATIVE PROCEEDINGS
PRELIMINARY INJUNCTION
COMPLAINT
SALES
VIOLATE
UNITED STATES
COMMENCEMENT
INDIRECT
ENJOINING
FEDERAL TRADE COMMISSION
SELLER
RELEVANT MARKET
CONSUMMATE
DISTRIBUTORS
                                                                                                  .





                               UNITED  STATES  DISTRICT  COURT
                               FOR  THE  DISTRICT  OF COLUMBIA


 FEDERAL  TRAD,E  COMMISSION,                    1
 600 Pennsylvania Avenue,  N. W.                 )  CASE  NUMBER  1:02CVOOO60
Washington,  D.C.  20580,                        1
                                                 )  JUDGE:  Reggie        B.  Walton
                                 Plaintiff,      )  DECK  TYPE:  Antitrust
                                                 )
                V.                               )  DATE  STAMP:  01/14/2002
                                                 1
LIBBEY,  INC.,                                   1
300 Madison  Avenue                              1       COMPLAINT  FOR
Toledo,  Ohio 43699-0060                        1       PRELIMINARY  INJUNCTION
                                                )       PURSUANT  TO SECTION  13(b)
                and                             1       OF THE  FEDERAL  TRADE
                                                1       COMMISSION  ACT
NEWELL  RUBBERMAID,  INC.,                      1
29 East Stephenson Street                       1
Freeport, Illinois  61032                       1
                                                )
                                Defendants.  )


        Plaintiff,  the Federal Trade Commission  ("FTC"  or  "Commission"),  by its designated

attorneys, for  its complaint  herein, petitions the Court,  pursuant to Section 13(b) of the

Federal Trade Commission  Act  ("FTC  Act"),  15 U.S.C.  0 53(b), for  a preliminary  injunction

enjoining  defendant Libbey,  Inc.  ("Libbey"),  including  its domestic and foreign  agents,

divisions,  parents, subsidiaries, affiliates,  partnerships, and joint  ventures, from  acquiring,

through a merger or otherwise,  any stock, assets, or other interest, either directly  or

indirectly,  of Anchor  Hocking  Corporation  ("Anchor")  from  defendant Newell  Rubbermaid,

Inc.  ("Newell  Rubbermaid"),  or their domestic and foreign  agents, divisions,  parents,

subsidiaries, affiliates,  partnerships,  or joint  ventures; thereby maintaining  the status quo

SNIPPETS:
  • Federal Trade Commission Act, 15 U.S.C. 0 53, for a preliminary injunction
  • indirectly, of Anchor Hocking Corporation from defendant Newell Rubbermaid,
  • Sections 7 and ll'of the Clayton Act, 15 U.S.C. $6 18 and 21;
  • Venue is proper under Section 13of the FTC Act;
  • The Commission is an administrative agency of the United States Government
  • Defendant Libbey, Inc. is a corporation organized and existing under the laws
  • Anchor is an indirect, wholly-owned subsidiary
  • that the enjoining thereof pending the issuance of a complaint by the Commission and until
  • Upon a proper showing that, weighing the equities and considering the Commission's likelihood
  • acquisition during the pendency of administrative proceedings.
  • In authorizing the commencement of this action,
  • acquisition would violate Section 7 of the Clayton Act and Section 5 of the FTC Act because
  • the acquisition may substantially lessen competition and/or tend to create a monopoly in the
  • soda-lime glassware sold to the food service industry in the U.S.
  • The Acauisition Would Substantiallv Lessen Comnetition
  • Libbey is the largest maker and seller of food service glassware in the U.S.,
  • with substantially more than half of the sales.
  • including distributors who resell soda-lime glassware to restaurants,
  • position as the largest maker and seller of food service glassware,
  • glassware market.
  • or likely future competitors in the relevant market.
  • further steps to consummate, directly or indirectly, the Acquisition of assets of Anchor from
  •    |