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Precision Moulding Co., Inc.

Precision Moulding agreed to settle charges that it attempted to fix prices in the market for stretcher bars used to construct frames for artists' canvases. The complaint alleges that representatives of Precision Moulding invited a new competitor in the industry to raise its prices, suggesting that the competitor's prices were too low.
Type of Action
Administrative
Last Updated
FTC Matter/File Number
9510124
Docket Number
C-3682
Technology Blog

Data and Models: A Quote Book from the Tech Summit on AI

Date
The FTC’s Tech Summit on AI [1] convened three panels that each highlighted different layers of the AI tech stack: hardware and infrastructure, data and models, and front-end user applications. This...
Jul20

Open Commission Meeting - July 20, 2023

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Business Before the Commission: Statement Withdrawing Prior PBM Advocacy and Staff Presentation on Military Consumer Protection Efforts
Competition Matters

A Fiscal Year Like No Other

Date
With the conclusion of FY2020, we look back on a year unlike any other in the history of the Bureau of Competition. The year has been marked by a combination of exceptional commitment from the Bureau...
Competition Matters

Eyes Wide Open: There are no blinders in merger reviews

Date
The FTC's Bureau of Competition sometimes reviews proposed mergers against the backdrop of civil and criminal antitrust investigations or litigations leveled in the same industry. And at times, such...
Competition Matters

A Busy Six Months

Date
As we head into the second half of 2020, it’s a good time to pause and take stock of the past six months of work in the Bureau of Competition. Despite the challenges created by the COVID-19 pandemic...