Label Stock Vendors Under Investigation

Increased Prices

"Unless this transaction is blocked, the result will be increased prices for bulk paper label stock," says R. Hewitt Pate, acting assistant attorney general in charge of the DOJ's Antitrust division.

"Our investigation has revealed that this market is already one in which competitors have sought to coordinate rather than compete. This merger would increase the likelihood that UPM and others will coordinate on bulk paper label stock prices."