The US DoJ reaches consent agreement with parties to an acquisition in the graphite electrodes market (GrafTech / Seadrift)

On November 29, 2010, the Department of Justice (DOJ) announced a consent agreement with GrafTech International relating to its acquisition of Seadrift Coke L.P. (Seadrift). [1] This action marks the second time this year that the DOJ has sought relief in a vertical merger. It also represents the second time that the DOJ has targeted most-favored nation (MFN) pricing provisions as anticompetitive. Both areas have received relatively scant attention in recent years, but the increased DOJ interest in each may be evidence

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Authors

  • Skadden, Arps, Slate, Meagher & Flom (New York)
  • Skadden, Arps, Slate, Meagher & Flom (Palo Alto)
  • Kirkland & Ellis (New York)

Quotation

Clifford H. Aronson, Alec Y. Chang, Ian G. John, The US DoJ reaches consent agreement with parties to an acquisition in the graphite electrodes market (GrafTech / Seadrift), 29 November 2010, e-Competitions Bulletin Energy & Mergers, Art. N° 45405

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