Embassy of the United States of America
London
April 21, 1993
Mr. John V. Hagestadt
Head, North America Branch
Department of Trade and Industry
Bay 762, Kingsgate House
66-74 Victoria Street London SW1E 6SW
Dear Mr. Hagestadt:
The Federal Trade Commission (FTC) has informed the Department that it has commenced an investigation of the proposed acquisition by Semi-Tech (Global) Company Limited, a Hong Kong company, of 51 of the stock of G.M. Pfaff AG, a German company. The FTC is examining the transaction to determine if the acquisition violates the provisions of Section 7 of the Clayton Act and/or Section 5 of the FTC Act. The product market involved is sewing machines. The FTC staff will contact the parties and request the production of documents and other information.
This information is provided in accordance with the 1986 OECD recommendation on Notification of Restrictive Business Practices Investigations, and the Shenefield/Pliatzky Agreement of 1977.
If you have any questions, please do not hesitate to
at 971/403-3032 (direct line).
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Sincerely,
ジ
Bruce Rogers
Second Secretary (Economic)
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888-231