The US Department of Justice agrees to use binding arbitration to resolve merger disputes for a new approach in antitrust enforcements (Novelis / Aleris)

DOJ AGREEMENT TO USE BINDING ARBITRATION TO RESOLVE MERGER DISPUTE COULD HERALD NEW APPROACH IN ANTITRUST ENFORCEMENT* Federal antitrust enforcers may be increasingly looking to arbitrators—instead of federal courts—to be the arbiters of competition law if a new approach in enforcement takes hold. This approach was highlighted on September 4, 2019, when the Antitrust Division of the United States Department of Justice (“DOJ”) filed a complaint in the U.S. District Court for the Northern District of Ohio challenging Novelis Inc.’s proposed $2.6 billion acquisition of Aleris Corporation. Upon filing of its complaint, the DOJ issued a press release announcing that it had reached an agreement with defendants to use binding arbitration “to resolve the

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

  • Constantine Cannon (New York)

Quotation

Alex Cohen, The US Department of Justice agrees to use binding arbitration to resolve merger disputes for a new approach in antitrust enforcements (Novelis / Aleris), 4 September 2019, e-Competitions Bulletin September 2019, Art. N° 92038

Visites 135

All issues

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