The US DoJ requires substantial divestitures and the waiving of the non-compete agreement before clearing a merger between two information providers (S&P Global / IHS Markit)

Justice Department Requires Substantial Divestitures and Waiver of a Non-Compete for S&P to Proceed with its Merger with IHS Markit* Divestitures Will Preserve Competition Among Commodity Price Reporting Agencies and Waiver of Non-Compete Will Promote Competition for the Sale of Retail Gas Price Data The Department of Justice announced today that it will require S&P Global Inc. (S&P) to divest three of IHS Markit Ltd.’s (IHSM) price reporting agency (PRA) businesses to resolve antitrust concerns arising from their proposed $44 billion merger. PRAs provide critical price discovery for numerous commodity markets, including markets where trades are done off-exchange in private transactions that are not subject to reporting obligations. The divestitures of Oil Price

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

Author

Quotation

US Department of Justice Antitrust Division, The US DoJ requires substantial divestitures and the waiving of the non-compete agreement before clearing a merger between two information providers (S&P Global / IHS Markit), 12 November 2021, e-Competitions November 2021, Art. N° 103540

Visites 614

All issues

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