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...)
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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