A PYMNTS Company

Who is a Competitor Under Section 8?

BY | March 23, 2023

The Department of Justice Antitrust Division has recently been investigating public companies for possible violations of Section 8 of the Clayton Act, 15 U.S.C. § 19, based on information listed…

The Department of Justice Antitrust Division has recently been investigating public companies for possible violations of Section 8 of the Clayton Act, 15 U.S.C. § 19, based on information listed in the Risk Factors section of their annual and quarterly SEC filings. Section 8 prohibits “interlocking directorates,” situations in which an individual or entity serves as a director or officer of two corporations that are “competitors.” So far, the Departments efforts have appeared to focus o

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 100.28.0.143

Please verify email or join us to access premium content!