FTC Orders Bayer Korea to Sell Oral Contraceptive Biz Acquired through Merger

SEJONG, March 23 (Korea Bizwire) — South Korea’s anti-trust regulator on Monday ordered the local subsidiary of Bayer to sell its oral contraceptive pill operation that it acquired when its parent bought Merck & Co., citing conflicts with the country’s fair trade rules. The Fair Trade Commission (FTC) said it ordered Bayer Korea to dispose of its [...]