Federal Register #File No. 251 0100

FTC Seeks Comment on Consent Agreement for 365 Retail Markets' Acquisition of Cantaloupe

The Federal Trade Commission (FTC) is seeking public comment on a proposed consent agreement regarding the acquisition of Cantaloupe, Inc. by 365 Retail Markets, LLC, a transaction valued at approximately $848 million. - Government Buyer: - Federal Trade Commission (FTC), Office of the Secretary - OEMs and Vendors: - 365 Retail Markets, LLC (dominant provider of micromarket kiosks and software) - Cantaloupe, Inc. (major competitor in micromarket kiosks and software) - Seaga Manufacturing, Inc. (divestiture buyer for certain assets) - Products and Services Requested: - Micromarket kiosks, smart coolers, vendor management software (VMS), and warehouse management software (WMS) for unattended foodservice retail - Transition services to support Seaga in establishing independent back-end systems - Unique or Notable Requirements: - Divestiture of Cantaloupe's Three Square Market business to Seaga - Strict interoperability and nondiscrimination requirements for hardware and software services for ten years - Transition services from 365 Retail Markets to Seaga for approximately one year - FTC monitoring of compliance and prior notice for future acquisitions in the micromarket kiosk market - Public comment period on the proposed agreement

Description

This notice concerns a proposed consent agreement between the Federal Trade Commission and the companies 365 Retail Markets and Cantaloupe. The agreement addresses alleged violations of federal law prohibiting unfair methods of competition related to the acquisition of Cantaloupe by 365 Retail Markets. The transaction involves the sale and provision of micromarket kiosks and related software and services in the United States. The proposed remedy includes divestitures of kiosk assets, interoperability and nondiscrimination requirements, and transition services to ensure competition and prevent exclusionary conduct. Public comments on the proposed agreement are invited until June 8, 2026.

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