The US District Court for the District of Columbia upholds the DoJ’s block of a proposed combination of two sellers of digital tax software (H&R Block / TaxAct)

U.S. Department of Justice Litigates to Block Two Mergers* The U.S. Department of Justice (“DOJ”) has blocked two mergers in the past several months, in each case after filing a lawsuit against the merging parties. The first case involved a relatively small transaction in the digital tax business involving H&R Block and 2nd Story Software. The second case was the high-profile proposed acquisition by AT&T of rival wireless telephone carrier T-Mobile USA. These cases illustrate an uptick in U.S. merger enforcement and an increased willingness on the part of the DOJ to challenge mergers in court. They also illustrate a resistance on the part of DOJ to accepting concessions proposed by parties seeking to obtain clearance of horizontal mergers. The

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  • Gibson Dunn (New York)

Quotation

Eric Stock, The US District Court for the District of Columbia upholds the DoJ’s block of a proposed combination of two sellers of digital tax software (H&R Block / TaxAct), 10 November 2011, e-Competitions November 2011, Art. N° 42867

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