Shenzhen Network Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

1.
FTC approves Otto Bock HealthCare North America, Inc.’s application to divest assets in prosthetic knee merger.
On Dec. 1, 2020, the FTC announced its approval of an application by prosthetics manufacturer Otto Bock HealthCare North America Inc. to divest certain assets it acquired when it consummated its acquisition of FIH Group Holdings LLC (Freedom Innovations), including all microprocessor prosthetic knee (MPK) products and technology.
Otto Bock completed its acquisition of Freedom Innovations in September 2017, and FTC filed an administrative complaint in December of that year. In November 2019, upholding an administrative law judge’s decision, the FTC unanimously found that the merger was anticompetitive, and it issued the final order requiring Otto Bock to divest the Freedom Innovations business, with limited exceptions. The Commission vote to approve the application was 5-0. ....

New Hampshire , United States , United Kingdom , State Of Texas , Emilia Romagna , Noord Holland , Makan Delrahim , Paul Masson , Martijn Snoep , Ken Paxton , Gordonj Macdonald , Boris Johnson , Otto Bock , Lifewatch Services Inc , Harvard Pilgrim Health Care , Shenzhen Network Technology , International Skating Union , Billie Inc , A European Commission , Administration For Market Regulation , Japan Fair Trade Commission , Department Of Justice , Blue Cross Shield Association , National Banking , European Commission , Drug Administration ,