Holding company ownership of both auto parts warehouse distributor and auto parts jobber The Commission…
71 F.T.C. 1719 · Jan. 13, 1967 · Digest No. 108
source volume section (71 F.T.C. 1719)
Text is machine-OCR of the printed volume and may contain errors. Advisory opinions are the Commission's views on proposed conduct, not binding orders.
No. 108. Holding company ownership of both auto parts warehouse distributor and auto parts jobber The Commission recently advised a requesting party that his proposed reorganization of properties which he owns or controls would not appear to violate the Clayton Act, as amended by the Robinson-Patman Act.
The rcquesting party proposes to estabJish a holding company which would control two operating companies, one an automotive parts warehouse distributor, the other an automotive parts jobber. Two offcers of the operating companies wi1l initia1ly hold a minority interest in these companies, an interest which might become a majority interest at some future date. The v,rarehouse distributor wil equitably sell to all jobbers who wish to buy from it, except that this distributor wil not se1l to the jobber with whicb it has common ownership except on a limited emergency basis. (File No. 673 7042 , released Jan. 13, 1967.