The US DoJ imposes the divestiture of national operations prior to approving a merger in the market for carbon bonded ceramics products (Cookson / Foseco)

The DOJ challenged the proposed merger of Cookson Group PLC and Foseco PLC, ultimately reaching a consent decree with the merging parties on March 4, 2008. The terms of the consent decree mandated that Foseco divest its U.S. operations for producing carbon bonded ceramics (“CBC") before allowing the merger to take effect. Cookson and Foseco represented two of only three suppliers of CBC products in the United States. CBCs are non-metallic ceramic parts that act as a heat buffer between the molten steel and the machines engaged in the process of steel-casting. Steel-casting producers place orders for very specific shapes of CBCs to fit their unique machines and often contract with two different CBC suppliers due to the fast deterioration of the products and the crucial role they play

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Katherine Whitehead Miller, The US DoJ imposes the divestiture of national operations prior to approving a merger in the market for carbon bonded ceramics products (Cookson / Foseco), 23 May 2008, e-Competitions Cooperation between National Competition Authorities, Art. N° 53065

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