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Idexx reaches fairness pact with FTC
Westbrook-based Idexx Laboratories has come to an agreement with the Federal Trade Commission to end an investigation into allegations that the company engaged in unfair methods of competition.
The FTC began investigating Idexx in early 2010, looking into exclusive distribution agreements the company had with three veterinary supply companies.
Those three national distributors — MWI Veterinary Supply Inc., Butler Schein Animal Health and Webster Veterinary — agreed to carry Idexx products exclusively.
In April, the company announced plans to stop an exclusive agreement with one of those companies as a way to satisfy FTC officials. In a press release this week, Idexx announced it has agreed to stop its exclusive agreement with MWI starting Jan. 1, 2013.
The deal signed this week, which Idexx CEO Jonathan Ayers called a milestone, will now require approval by the FTC commissioners.
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Learn more-
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
-
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
-
Senior Smart
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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