FTC modifies 2004 order after Aspen Technology fails to divest certain assets in a timely manner | Practical Law

FTC modifies 2004 order after Aspen Technology fails to divest certain assets in a timely manner | Practical Law

On 6 July 2009, the US Federal Trade Commission (FTC) announced a modification to its 2004 consent order against Aspen Technology, Inc. According to the FTC, the revised order settles charges it planned to bring against Aspen Tech for failing to divest certain assets in a timely manner as required by the initial 2004 order.

FTC modifies 2004 order after Aspen Technology fails to divest certain assets in a timely manner

by Practical Law
Law stated as at 06 Jul 2009 • USA (National/Federal)
On 6 July 2009, the US Federal Trade Commission (FTC) announced a modification to its 2004 consent order against Aspen Technology, Inc. According to the FTC, the revised order settles charges it planned to bring against Aspen Tech for failing to divest certain assets in a timely manner as required by the initial 2004 order.