The US Federal Trade Commission announced Friday it has cleared the proposed merger between Honeywell and Intermec following the agreed-upon condition that Honeywell license major bar code scanner patents.
A press release offered Friday said the FTC’s ruling will preserve competition in the scanning market. The patents to be licensed, owned by both Honeywell and Intermec, are crucial to the manufacturing of equipment of scanners of two-dimensional barcodes.
Specifically, the FTC ruled that Honeywell must license the patents to competitor Datalogic IPTECH for the next dozen years.
According to the press release, the FTC determined that the strictest barrier to entry into the two-dimensional barcode scanner market is the lack of access to relevant intellectual property.
Full Content: MenaFN
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI