Husky Responds to Italian Competition Authority Complaint
BOLTON, ON – Husky TechnologiesTM today confirmed that the investigation by the Italian Competition Authority (ICA) has concluded. The ICA ruled, unequivocally, in favor of Husky finding its conduct compliant with the law and that the elements in the underlying complaint are without merit.
This decision follows from a long and thorough investigation of Husky’s business and engineering records that lasted over two years. The ICA announced in its decision that it found no evidence of the alleged conduct set out in the anonymous complaint that would violate Italian competition laws.
Husky’s steadfast position throughout the investigation is that its use of Mold ID™ technology in its HyPET HPP® line of injection molding machines is entirely pro-competitive and necessary to ensure system integrity and operator safety.
Husky’s HPP® technology is truly revolutionary. The operating parameters of HPP® systems is entirely unique in the industry – exceptional operating capability leveraged to provide exceptional operating productivity and part quality.
The safe operation of HPP® machines operating at HPP-level speed requires the use of tooling (including molds) specifically designed to withstand the extreme forces involved.
Not all Husky tooling is designed for HPP-level performance. Recognizing the market demand for machine compatibility Husky leverages the use of Mold ID™ technology to ensure safety and product integrity by seamlessly tailoring the operation of the injection molding machine in line with the capability of the installed tooling, if known, and otherwise default to current market standard. This safety strategy ensures that all components of the system operate at a safe level, including when operating with Husky’s legacy tooling and third party tooling (i.e. the safety system being entirely brand agnostic).
Throughout Husky’s vigorous defense, against the objectively baseless allegations of an anonymous competitor, Husky maintained confidence in this inevitable outcome given its fundamental commitment to uncompromising honesty.
About Husky
Husky TechnologiesTM is a leading global supplier of injection molding equipment and services to the plastics industry. The company has more than 40 service and sales offices, supporting customers in over 100 countries. Husky’s manufacturing facilities are located in Canada, the United States, Luxembourg, Austria, Switzerland, China, India and the Czech Republic.
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