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In the Matter of INA-Holding Schaeffler RG and FAG Kugelfischer Georg Schafer AG
FTC Matter/File Number
0210002
Docket Number
C-4033
Enforcement Type
Part 2 Consents

Case Summary

The consent order permits WA's acquisition of FAG Kugelfischer Georg Schufer AG but requires the divestiture of FAG'S cartridge ball screw support bearing business to Aktiebolaget SKF within 20 business days after the consummation of the INAJFAG transaction. According to the complaint issued with the consent order, the acquisition, as planned, would create a monopoly in the worldwide market for cartridge ball screw support bearings, a type of bearing used in the manufacture of machine tool equipment.