The U.S. Department of Justice filed a civil antitrust lawsuit today to block ASSA ABLOY AB’s (ASSA ABLOY) proposed $4.3 billion acquisition of the Hardware and Home Improvement division of its rival, Spectrum Brands Holdings Inc (Spectrum). ASSA ABLOY and Spectrum are two of the three largest producers of residential door hardware in the concentrated,…

The Justice Department’s Antitrust Division participated in a trilateral meeting today with enforcers from Mexico’s Federal Economic Competition Commission, Canada’s Competition Bureau, and the U.S. Federal Trade Commission. The meeting took place at FTC headquarters in Washington, D.C. and included roundtable discussions on current enforcement priorities and the current legal environment in each jurisdiction. Assistant…

The Justice Department’s Antitrust Division hosted 30 farmers affiliated with the National Farmers Union (NFU) yesterday to discuss the state of competition in agriculture markets and strengthening antitrust enforcement. The Department is committed to fighting for fairness in food systems and protecting American farmers, producers, workers, and consumers from the effects of consolidation throughout the…

A former executive of Contech Engineered Solutions LLC (Contech) was sentenced to 18 months of imprisonment yesterday in New Bern, North Carolina, for his participation in bid-rigging and fraud schemes targeting the North Carolina Department of Transportation (NCDOT). From the U.S. Department of Justice: Read More

China International Marine Containers Group Co. Ltd. (CIMC) confirmed today that it has abandoned its intended acquisition of Maersk Container Industry A/S and Maersk Container Industry Qingdao Ltd. (collectively, MCI) after the Justice Department’s Antitrust Division’s thorough investigation. From the U.S. Department of Justice: Read More

The Department of Justice and the Federal Trade Commission yesterday submitted to the Federal Energy Regulatory Commission (FERC) a joint comment urging it not to restore a right of first refusal that would enable incumbent electricity transmission owners to block competitors from bidding to design, construct, and own certain new interstate transmission facilities. From the…

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The Justice Department’s Antitrust Division and the National Labor Relations Board (NLRB) signed a memorandum of understanding (MOU) today to strengthen the partnership between the two agencies to better protect competitive labor markets and ensure that workers are able to freely exercise their rights under the labor laws. By strengthening their partnership, the agencies also…

The Department of Justice filed a civil antitrust lawsuit in the U.S. District Court for the District of Maryland against a data consulting firm and its president, as well as three poultry processors, to end a long-running conspiracy to exchange information about wages and benefits for poultry processing plant workers and collaborate with their competitors…

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