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FTC should have cleared ZF Friedrichshafen-TRW unconditionally, Wright says

( May 8, 2015, 22:42 GMT | Official Statement) -- MLex Summary: The Federal Trade Commission didn't have enough evidence to show anticompetitive harm in the proposed ZF Friedrichshafen-TRW Automotive Holdings merger and shouldn't have imposed conditions before clearing the deal, Commissioner Joshua Wright said in a dissenting statement. The market for heavy vehicle tie rods isn't susceptible to companies coordinating their pricing, and unilateral effects also are unlikely, he said.See attached document....

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