Mergers & Acquisitions Mergers & Acquisitions

FTC case against Evonik-PeroxyChem merger was based on flawed product-market definition, judge says

By Brian Baker
  • 03 Feb 2020 17:46
  • 03 Feb 2020 17:58
The US Federal Trade Commission relied on an oversimplified product market definition in its challenge of Evonik and PeroxyChem's merger, US District Judge Timothy Kelly wrote in his opinion denying the agency's request for a preliminary injunction against the deal.

"Rather than recognizing how hydrogen peroxide suppliers compete for cu

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