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Reference FCO 82/454
Department/Office Foreign Office
Title Activities of British firms in USA (1974)
Description Limited, and AIRCO, Incorporated, Corporations in which BOC are charged with violation of Section 7 of the Clayton Act and BOC respondents and respondent Airco, incorporated are further charged with violation of Section 5 of the Federal Trade Commission Act through the acquisition by BOC Financial Corporation of four million shares (35%) of the stock of Airco for $80 million by means of a public tender offer. The Federal Trade commission issued its complaint approximately two months after the said acquisition occurred. The complaint alleges that the effect of the acquisition of Airco stock by BOC respondents may be substantially to lessen competition or to tend to create a monopoly in the manufacture, distribution or sale of industrial gases, inhalation anaesthetic equipment, inhalation therapy equipment, and medical gas pipeline systems or any submarkets of the above markets throughout the US. Detail of other UK companies involved in Anti-trust cases in the US are also included.
Date 1974
Collection The Nixon Years, 1969-1974
Region North America, Europe
Countries United States, United Kingdom
Places Africa; Asia; Australia; Bangladesh; Brazil; Britain; Canada; Europe; Fiji; Germany; India; Indonesia; Ireland; Italy; Japan; New Zealand; Pakistan; Rhodesia; South Africa; Thailand; United Kingdom; United States of America
People Maitland, Donald
Topics Aid; Arab; British Embassy; Census; Coal; Congress; Defence; Department of State; Draft; Drugs; Economy; Energy; Exports; Federal Trade Commission; General Motors; Health; Japanese; Law and Order; Oil; organisation; Price controls; Protectionist; Recession; Royal Family; Shipping; State Department; Supreme Court; Textiles; The Nine; Trade; Vice President; Welfare
Copyright Crown Copyright documents © are reproduced by permission of The National Archives London, UK