The Department of Justice announced about a year ago that three South Korean energy companies were to plead guilty in a price-fixing scheme that involved supplying energy to US military bases.1 In that announcement, the Department of Justice renewed its willingness to use Section 4A of the Clayton Act to recover treble damages from companies…
Tag: Clayton Act
Interlocking Directorates and Risk to Businesses
As conflicts of interest between Alphabet Inc. and Uber Technologies Inc. have continued to grow, David Drummond, the senior vice president of corporate development of Alphabet, has recently resigned from his board position at Uber.1 Drummond’s resignation “highlights how a little-noticed prohibition against interlocking directorates can cause problems for technology firms and private equity groups.”2…