DOJ Focuses on Interlocking Directorates Reflects 'Shot Across the Bow' At PE – Analysis

Wednesday, December 21, 2022

Jonathan Grossman was quoted in an article published by Aldrin Brown, writer at Policy and Regulatory Report, that discusses the crackdown on interlocking directorates by the US Department of Justice’s Antitrust Division, forcing public companies to scrutinize their compliance with Section 8 of the Clayton Act.  “This is a small shot across the bow in a larger effort to rein in what DOJ and FTC see as the adverse competitive effects of private equity,” said Jonathan.  He explains that section 8 questions arise relatively infrequently, often in the context of due diligence during transactions or joint ventures.

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