Page 2 - Antitrust Div News Today

The Biden administration recently issued a sweeping Executive Order [1] aimed at protecting and enhancing competition, and…

Thursday, March 4, 2021 The 4th Circuit’s decision in Steves and Sons Inc. v. JELD-WEN Inc. 1 affirmed a district court’s order compelling an acquirer to divest the business of a competitor, which the court held had been acquired in violation of Section 7 of the Clayton Act. 2 The court described the case as the first instance in which a private party successfully compelled divestiture of a completed acquisition. Government antitrust enforcers commonly obtain divestiture orders...

The 4th Circuit’s decision in Steves and Sons Inc. v. JELD-WEN Inc. 1 affirmed a district court’s order compelling an acquirer to divest the business of a competitor, which the court held had been acquired in violation of Section 7 of the Clayton Act. 2 The court described the case as the first instance in which a private party successfully compelled divestiture of a completed acquisition. Government antitrust enforcers commonly obtain divestiture orders in Section 7 cases. Private parties...

Tuesday, January 26, 2021 More than four years after first announcing its intent to criminally prosecute employers and individuals who enter into naked wage-fixing or no-poaching agreements with other employers, 1 the Department of Justice Antitrust Division (Antitrust Division) recently brought its first-ever criminal charges—in two different cases—for alleged anticompetitive conduct in labor markets. With these two criminal actions, it is clear that DOJ’s public promises to p...