Premerger clearance The following is a digest of an advisory opinion issued by the Federal Trade Commission…
71 F.T.C. 1723 · Feb. 14, 1967 · Digest No. 113
source volume section (71 F.T.C. 1723)
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. 113. Premerger clearance The following is a digest of an advisory opinion issued by the Federal Trade Commission regarding a pre-merger clearance matter.
A small manufacturer of a product used in the paper industry applied for clearance of the sale of 67 percent of its stock to another small eompany in the San1€ line ofbusiness. There was strong competition in the line of busjness, a fe,v companies dominated the market, and the se1Jing company had had net losses for a number of years.
The Commission advised the applicant proceedings would not be initiated if the acquisition was made. (File" o. 673 7057 , released Feb. 14, 1967.