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.