24Aug
FTC and DOJ Enforcement Actions Highlight Scrutiny of Divestiture Orders Compliance
Recent enforcement actions by the Federal Trade Commission (FTC or Commission) and the Department of Justice (DOJ) demonstrate the agencies’ continued close scrutiny of merging parties’ compliance with divestiture orders. Last month, the FTC required Alimentation Couche-Tard Inc. (ACT), a gas station and convenience store operator, to pay a $3.5 million fine to settle allegations that it violated an order requiring the divestiture of certain stores to secure approval of its acquisition of...
By:
Skadden, Arps, Slate, Meagher & Flom LLP
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