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DOJ and FERC Concern of Interlocking Directorates

The Federal Energy Regulatory Commission and the Department of Justice use focus on the composition of boards of directors and the ability of individual directors to assert influence over corporate actions. Companies should ensure their board of directors meets compliance.
United States Jonathan Kanter Department Of Justice Energy Regulatory Commission Evergy Inc Evergy Kansas Central Inc

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DOJ's First Large Scale Crackdown On Potentially Unlawful Interlocking Directorates Led To 7 Board Resignations Across 5 Tech Companies - Antitrust, EU Competition

On Wednesday, October 19, 2022, the Department of Justice Antitrust Division (DOJ) announced that seven directors resigned from their board positions because of DOJ's concerns that holding the positions violated the Clayton Act's prohibition on interlocking directorates.
United States Tina Asgharian Arthur Levinson A Debbie Feinstein Department Of Justice Companies In Response To Justice Department
Source: mondaq.com

DOJ Announces Seven Director Resignations from Five US Public Company Boards in the Most Recent Wave of Reinvigorated Clayton Act Section 8 Enforcement | White & Case LLP

On October 19, 2022, the Antitrust Division of the Department of Justice announced that seven directors resigned from five different US public company boards of directors following DOJ...
Makan Delrahim Tullett Prebon Seemichaele Blaisdell Rebeccah Farrington Company Directors Bureau Of Competition

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