The Federal Trade Commission has taken action to prevent anticompetitive arrangements between two major firearm manufacturers, Beretta and Ruger, by accepting a consent order that restricts Beretta’s ability to appoint directors to Ruger’s board.
The Federal Trade Commission took action to resolve antitrust concerns arising from a stock purchase agreement between two of the largest firearm manufacturers, Beretta Holding S.
The Federal Trade Commission took action to resolve antitrust concerns arising from a stock purchase agreement between two of the largest firearm manufacturers, Beretta Holding S.A. (Beretta) and Sturm, Ruger & Co. Inc. (Ruger), by accepting a proposed consent order that prevents anticompetitive entanglements between the two companies.
“Competition between gunmakers helps ensure that Americans can exercise their Second Amendment rights. The FTC’s order aims to preserve the independence of a significant American gunmaker and removes the risk of anticompetitive coordination between two of the largest firearm manufacturers by taking decisive action to prevent anticompetitive interlocking directorates from forming. This latest enfo…
