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Chemical Manufacturer in Federal Trade Commission Investigation

Chemical Manufacturer
Representation of manufacturer and distributor of volatile chemicals in connection with a Federal Trade Commission investigation of its client's sale of its regional business to a competitor. The FTC's investigation was predicated on its contention that the sale and non-competition agreement, was tantamount to a market allocation agreement in violation of Section 1 of the Sherman Act and Section 7 of the Clayton Act. The matter was settled without imposition of any penalties or sanctions against the client.