# FTC orders Ottobock to divest Freedom Innovations acquisition

The U.S. Federal Trade Commission ordered Ottobock to divest the assets obtained from Freedom Innovations, saying the merger would weaken competition in the market for computer-controlled prosthetic knees.

- Type: Regulation
- Announced: 2019-11-07
- Where: United States
- Status: announced
- Products: microprocessor prosthetic knees
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Ottobock](https://endata.com/companies/26684.md)
- [Freedom Innovations](https://endata.com/companies/43176.md) (target)
- [FIH Group Holdings](https://endata.com/companies/43177.md) (target)

## Sources

- [fiercebiotech.com](https://www.fiercebiotech.com/medtech/ftc-orders-artificial-limb-maker-ottobock-to-undo-and-divest-its-knee-acquisition), 2019-11-07: "The Commission is committed to ensuring competitive markets for the benefit of consumers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.