Merging Marine Chemical Co. Easily Replaced, Expert Says – Law360

Law360, Washington (June 13, 2018, 8:51 PM EDT) — The smaller of two marine chemical suppliers looking to complete a $400 million merger under challenge by the Federal Trade Commission can be easily replaced, leaving little risk of post-merger price increases, an economist testified for the companies Wednesday in a D.C. federal court bench trial.

Other companies — while much smaller than Wilhelmsen Maritime Services and the supplier it’s looking to buy, Drew Marine Group Inc. — still face few barriers to expanding their services to fill in for Drew as price-driving competitors, Mark A. Israel said,…

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