20.AFK 1993

1

Mr. John V. Hagestadt

Head, North America Branch

26 AND

Litany

Embassy of the United States of America

Department of Trade and Industry

Bay 762, Kingsgate House 66-74 Victoria Street London SW1E 6SW

Dear Mr. Hagestadt:

London

April 21, 1993

Mi is Mone

unusual than most

nihfirahan

because nether

company is based in the us! PI circulate for comments in

normal way: plash hav competition

The Federal Trade Commission (FTC) has informed the

issues for HK are handled. the given ou

responsibility

relations,

Department that it has commenced an investigation of proposed acquisition by Semi-Tech (Global) Company Limited, a Hong Kong company, of 51 of the stock of G.M.fvxexternal 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 call me at 071/408-8089 (direct line).

Sincerely,

Заводит

Bruce Rogers

on!

|

Munkary?

It might

any ropnale

De

for us to ivnte le ние notifying Mem if ow

MELVI. PI

cory letter ho Fic too-3'll be hayilg

Second Secretary (Economic) look at a

Lo

draft.

ME

2614

N.B.

both have subsidiaries

in the USA.

P.S. Also chedi

Who dius Whom" to see

If there's any us connection (egy parent)

abali.

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