Otto Bock must divest: The Tipline for 7 November 2019

07 November 2019

The Federal Trade Commission got to kick it a little old-school with its challenge to Otto Bock's acquisition of Freedom Innovations. Because the deal did not have to be pre-cleared under the Hart-Scott-Rodino Act of 1976, the agency sued to undo a done deal, as it would have done before the HSR Act. Yesterday, it announced that the commissioners all agreed that the acquisition violates antitrust law – despite the companies not having raised prices since their merger.