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The Federal Trade Commission sued Monday to block Libbey Inc.'s $332 million acquisition of the Anchor Hocking unit of Newell Rubbermaid Inc., ending efforts to resolve the antitrust dispute without litigation. The suit charges that the merger of the Ohio-based companies would harm competition for soda-lime glassware used by restaurants. Libbey is the No. 1 producer of soda-lime glassware while Anchor Hocking is No. 3.
January 15, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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