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Department of Justice Antitrust Division DOJ announced it has required directors to resign from simultaneously serving on corporate boards of competitor companies. Division pledged to reinvigorate enforcement of Section 8 of Clayton Act prohibiting interlocking directorates.
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...
Key Points - Seven directors have resigned from the boards of five companies in response to U.S. DOJ concerns that their positions potentially violated Section 8 of the C...
Resignations Reflect Antitrust Division’s Efforts to Reinvigorate Enforcement and Deter Violations of Section 8 of the Clayton Act
WASHINGTON—Seven directors on the boards of five companies have resigned because of the Justice Department's concerns over the ...