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US Federal Trade Commission: Charlotte Pipe and Foundry settles anticompetitive charges over its 2010 purchase of Star Pipe's cast iron soil pipe business

( April 2, 2013, 17:40 GMT | Official Statement) -- MLex Summary: The US Federal Trade Commission has accepted for public comment a proposed consent order settling charges that Charlotte Pipe and Foundry's 2010 purchase of Star Pipe Product's cast iron soil pipe business was anticompetitive. To help restore market competition, the proposed order prohibits Charlotte Pipe from enforcing a confidentiality and non-compete agreement with Star Pipe and requires the firm to notify the FTC before making future acquisitions in the sector.Statement follows in full: ...

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