FTC says it closes investigation of Honeywell, Du Pont agreements

FTC says it closes investigation of Honeywell, Du Pont agreements

The U.S. Federal Trade Commission said on Friday it had closed its investigation of several agreements between Honeywell International Inc and E I du Pont de Nemours and Co related to the sale of a next-generation refrigerant in automotive air conditioning systems.

A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse

WASHINGTON: The U.S. Federal Trade Commission said on Friday it had closed its investigation of several agreements between Honeywell International Inc and E I du Pont de Nemours and Co related to the sale of a next-generation refrigerant in automotive air conditioning systems.

The commission voted to close the investigation in accordance with a recent initiative to close older, pending investigations where appropriate, it said in a statement.

(Reporting by Timothy Ahmann; Writing by Washington Newsroom; Editing by Jonathan Oatis)

Source: Reuters