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  "documentTitle": "Aerojet Rocketdyne Holdings, Inc. (AJRD)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2019-04-09 00:00:00",
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      "text": "The FTC's complaint alleges that Northrop's proposed acquisition of Orbital ATK would have reduced competition in the market for missile systems purchased by the U.S. government, resulting in less innovation and higher prices for taxpayers.",
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      "text": "The products at issue: Northrop is one of four companies capable of supplying the U.S. government with missile systems... What this means for consumers: The FTC's complaint alleges that Northrop's proposed acquisition of Orbital ATK would have reduced competition... The competition concerns and economic implications: According to the complaint, the acquisition would provide Northrop with the incentive and ability to harm competition... The settlement preserving competition: Northrop must make its solid rocket motors and related services available on a non-discriminatory basis...",
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      "text": "In June of 2018, the FTC reviewed and later settled violations of the Clayton and Federal Trade Commission Act with Northrop Grumman over its acquisition of Orbital ATK. The focus of the review was to ensure fair competition amongst Primes supplying the U.S. government with missile systems. A key element of the settlement requires that Northrop must make its solid rocket motors and related services available on a non-discretionary basis to all competitors of missile contracts.",
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      "text": "Source: FTC, June 29, 2018",
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      "text": "FTC Settlement of Northrop's ATK Orbital Acquisition Was Intended To Promote Missile Competition Amongst Primes",
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      "text": "Excerpts From FTC Imposed Conditions on Northrop / Orbital Acquisition",
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