The US DoJ challenges consummated a $5 million merger in the voting equipment systems industry (Election Systems and Software / Premier Election Solutions)

On March 8, 2010, the Antitrust Division of the Department of Justice (the "DOJ") and nine states announced a settlement in their challenge of Election Systems & Software Inc.'s ("ES&S") $5 million acquisition of Premier Election Solutions, Inc. and PES Holdings, Inc. ("Premier"). At the time of the transaction in September 2009, ES&S and Premier were the two largest suppliers of voting equipment systems in the US, with approximately 70 percent market share combined. The settlement follows a DOJ investigation that was initiated notwithstanding that the transaction was not subject to the reporting requirements of the Hart-Scott-Rodino ("HSR") Antitrust Improvements Act of 1976 [1]. To address the competitive concerns raised by the transaction, ES&S agreed to divest

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • Simpson Thacher & Bartlett (New York)
  • Fried Frank Harris Shriver & Jacobson (Washington)
  • Fried Frank Harris Shriver & Jacobson (Washington)

Quotation

Peter Guryan, Barry A. Nigro, Richard C. Park, The US DoJ challenges consummated a $5 million merger in the voting equipment systems industry (Election Systems and Software / Premier Election Solutions), 8 March 2010, e-Competitions March 2010, Art. N° 53077

Visites 201

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues