Market regulation · 31/01/1995

Nestle Proposes Consent Agreement to Settle FTC Allegations

Nestle has proposed a consent agreement with the Federal Trade Commission (FTC) to settle allegations of unfair business practices in exchange for approval to acquire Alpo PetFoods. The agreement would require Nestle to divest its Fort Dodge manufacturing plant within a year and obtain FTC approval for future acquisitions of canned cat food manufacturers.