November 12, 2021

Husky Responds to Italian Competition Authority Complaint

BOLTON, ON – Husky Injection Molding Systems, Ltd. 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.

 

For more information:
Media Relations
Husky Injection Molding Systems Ltd.
media@husky.ca