Polymer Manufacturer Invibio Settles Monopoly Claims

The US Federal Trade Commission said the company, which supplies more than 90% of a certain type of high-quality plastic used in medical implants, used exclusivity clauses in its contracts to keep competitors out of the market and illegally maintain its monopoly. An FTC final consent order was announced July 14.

A major manufacturer of plastics used to make orthopedic implants has settled monopoly claims with the US Federal Trade Commission, FTC announced July 14.

The company, [Invibio Inc.], is said to have illegally maintained a monopoly by making its device-firm customers sign long-term contracts that prevented them from purchasing the plastic from other suppliers....

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