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Â鶹´«Ã½ Trade Commission, Plaintiff, v. Equitable Resources, Inc., Dominion Resources, Inc., Consolidated Natural Gas Company, and The Peoples Natural Gas Company, Defendants
FTC Matter/File Number
710132
Civil Action Number
07-cv-490
710132
Â鶹´«Ã½ Type
Part 2 Consents
Â鶹´«Ã½ Court
Western District of Pennsylvania
Case Summary
The Commission charged that Schering-Plough’s proposed $14.4 billion acquisition of Organon Biosciences N.V. threatened to substantially reduce competition in the U.S. market for three popular vaccines used to treat poultry, a staple in American food markets. The November 2007 order settling the charges required the sale of assets required to develop, manufacture, and market these vaccines to Wyeth. In addition, Schering-Plough was required to sign a supply and transition services agreement with Wyeth, under which Schering will provide the vaccines for a period of two years, allowing time for the necessary FDA approvals.