The Pre-Consummation Transfer Of Competitively Sample Clauses

The Pre-Consummation Transfer Of Competitively. Sensitive Information The proposed complaint also alleges that Xxxxxxxxx, at Insilco’s request, gave Insilco comprehensive competitively-sensitive information before consummation of the acquisitions. In particular, Xxxxxx gave Insilco customer-specific price information, current and future pricing plans, competition strategies, price formulas, and price strategies. This information transfer was particularly harmful because Insilco and Xxxxxx competed against each other in two highly concentrated markets (duopolies) and the information concerned products that are relatively fungible. This transfer had the potential to harm competition in the interim pre-consummation period and in the event the acquisitions were delayed, modified, or abandoned, may have led to even greater and more long-lasting harm. The complaint thus alleges that the transfer of such competitively-sensitive information in such highly concentrated markets violates Section 5. THE CONSENT ORDER The proposed Consent Order requires Insilco to divest two welded- seam aluminum tube xxxxx (out of the assets acquired from Lingemann) within four months of the date on which the proposed Consent Order becomes final. The proposed Consent Order also prohibits Insilco from engaging in the pre-consummation transfer of competitively-sensitive information.
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Related to The Pre-Consummation Transfer Of Competitively

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