FTC takes action to block anticompetitive arrangement in Beretta-Ruger deal
The FTC says it is resolving antitrust concerns from a stock purchase agreement between Beretta and Ruger involving competitor director sharing in violation of Section 8 of the Clayton Act.
The Federal Trade Commission said it is moving to address antitrust concerns tied to a stock purchase agreement between two of the largest firearm manufacturers, Beretta Holding S.A. and Ruger. The FTC said the arrangement raises issues under Section 8 of the Clayton Act, which bars competitors from sharing company directors.