FTC sues to block marine services merger

Charles McConnell

26 February 2018

Credit: wikimedia/Joe Mabel

Wilhelmsen Maritime Services’ proposed $400 million acquisition of Drew Marine Group would harm competition in the market for marine water treatment chemicals and services used by global fleets, the Federal Trade Commission has alleged.

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Charles McConnell

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Author | Senior correspondent, Global Competition Review

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Tipline

Could have been an email: The Tipline for 1 December 2023
The Federal Trade Commission and House Judiciary Committee appear to be stuck in a stalemate regardless of whether their quarrel occurs in letters or public hearings. Pressed by Republican lawmakers about the FTC’s responses (or lack thereof) to various document demands, the commission’s director of congressional relations had very little to say. “I’m not able to provide that information today, but we're happy to continue talking to your staff,” Jeanne Bumpus said.
Take two: The Tipline for 30 November 2023
Lights, in camera, action: The Tipline for 29 November 2023