On June 19, the DOJ announced that it will not challenge a proposal by the Fair Factories Clearinghouse (“FFC”) to operate a database that member companies can use to collect and voluntarily share information about workplace conditions in manufacturing facilities around the globe. The DOJ’s position was stated in a business review letter from Thomas…
Continue reading ›Articles Posted in DOJ Antitrust Highlights
On June 14, McClatchy Co. announced that the Department of Justice is extending its review of the company's sale of two California newspapers to MediaNews Group Inc. The two properties, the San Jose Mercury News and the Contra Costa Times, are part of a $1 billion three-way swap of four papers that also involves Hearst…
Continue reading ›On June 14, the DOJ cleared Xstrata plc's $14.64 billion offer for Falconbridge Ltd without issuing a second request.
Continue reading ›On June 8, the DOJ granted antitrust approval to the $13.4 billion merger between French telecommunications equipment maker, Alcatel SA and U.S. based Lucent Technologies Inc. The deal is expected to close later this year.
Continue reading ›On June 7, a federal grand jury in Portland, Oregon returned an indictment against Trevor Smith, a former Raisio Chemicals Northwest Inc. sales executive, charging him with two counts of filing false federal income tax returns in 1999 and 2000, understating his income by more than $332,000. The understated income consisted of payments he allegedly…
Continue reading ›On June 6, the Federal Trade Commission authorized the filing of a joint amicus brief with the U.S. Department of Justice in the case of Latino Quimica-Amtex S.A. v. Atofina, et al., No. 05-5754-CV (2d Cir.). The case involves an international price-fixing conspiracy by manufacturers of two chemicals, sodium monochloroacetate and monochloroacetic acid, which are…
Continue reading ›On June 2, Euronext and the New York Stock Exchange announced a merger that would create the world's largest stock exchange, and the first cross-Atlantic bourse. At the same time, Deutche B
Continue reading ›On June 2, the European Commission approved a
Continue reading ›On May 31, the Commission has authorized the staff to file a joint amicus brief with the U.S. Department of Justice (DOJ) in the case of Weyerhaeuser Co. v. Ross-Simmons Hardwood Lumber Co., No. 05-381 (S. Ct.). The brief, which was filed on May 26, 2006, urges the Court to grant certiorari in this case,…
Continue reading ›On May 30, the DOJ approved Avocent Corp.'s $416 million acquisition of Landesk Software Inc. The deal was announced in April. Avocent is a supplier of network equipment technology and Landesk makes software to secure and manage information technology.
Continue reading ›