The US DoJ files a complaint seeking to partially unwind a merger between two producers of aviation fuel filtration products on the basis that it substantially lessens competition in the market (Clarcor / Parker-Hannifin)

On September 26, 2017 the Antitrust Division of the United States Department of Justice (DOJ) filed a complaint in the US District Court for the District of Delaware seeking to partially unwind a merger between two producers of aviation fuel filtration products. In its complaint, the DOJ alleged that the $4.3bn consummated acquisition of CLARCOR Inc. (CLARCOR) by Parker-Hannifin Corporation (Parker-Hannifin) violated Section 7 of the Clayton Act (Section 7) by substantially lessening competition in the US market for aviation fuel filtration products, a small segment of the parties’ broader businesses. US v. Parker-Hannifin Corporation, Case No. 1:17-cv-01354-UNA (September 26, 2017). Aviation fuel filtration products are used to remove contaminants and

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Authors

  • Freshfields Bruckhaus Deringer (Washington)
  • Freshfields Bruckhaus Deringer (Washington)
  • Freshfields Bruckhaus Deringer (Washington)
  • Freshfields Bruckhaus Deringer (Washington)
  • Freshfields Bruckhaus Deringer (Washington)
  • Freshfields Bruckhaus Deringer (Washington)

Quotation

Thomas Ensign, Mary Lehner, Bruce McCulloch, Paul Yde, Robert Schlossberg, Richard Snyder, The US DoJ files a complaint seeking to partially unwind a merger between two producers of aviation fuel filtration products on the basis that it substantially lessens competition in the market (Clarcor / Parker-Hannifin), 26 September 2017, e-Competitions September 2017, Art. N° 94433

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