The US DoJ secures the resignations of seven board directors over the fact that they sit on the boards of competing companies (Definitive Healthcare / ZoomInfo Technologies / Maxar Technologies / Redwire / Littelfuse / CTS...)

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US DoJ, Definitive Healthcare / ZoomInfo Technologies / Maxar Technologies / Redwire / Littelfuse / CTS..., Press Release, 19 October 2022

Seven Corporate Directors Resign: DOJ Ramps Enforcement Against Board Members Serving on Competitors’ Boards*What Happened Seven directors resigned from corporate boards following promises of enforcement of Clayton Act Section 8 (15 U.S.C. § 19) by the US Department of Justice (DOJ), Antitrust Division (the Division), the Division announced Wednesday. The directors served on the boards of corporations that the DOJ asserted competed in a variety of sectors, including information technology, software, and manufacturing.What's The Legal Concern Section 8 prohibits “interlocking directorates” (per se violation), which occur when the same individual

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Glenna Siegel, Gregory E. Heltzer, Jon B. Dubrow, The US DoJ secures the resignations of seven board directors over the fact that they sit on the boards of competing companies (Definitive Healthcare / ZoomInfo Technologies / Maxar Technologies / Redwire / Littelfuse / CTS...), 19 October 2022, e-Competitions October 2022, Art. N° 109196

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