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Danaher deal for GE biopharma unit gets US FTC approval after company agrees to divest assets

( March 19, 2020, 22:10 GMT | Official Statement) -- MLex Summary: Danaher agreed to divest assets to settle US Federal Trade Commission charges that its deal for General Electric's biopharmaceutical business would violate antitrust law. The FTC said the deal would have substantially reduced competition in the US in 10 highly concentrated product markets. The FTC vote to issue the complaint and accept the settlement was 3-2, with Democratic Commissioners Rohit Chopra and Kelly Slaughter voting no. Statement follows below. ...

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