The FTC's challenge to the $364 million merger of Arch Coal and Triton Coal opened Monday, with the judge questioning key aspects of the government's case. The challenge offers a chance to revive "coordinated interaction," under which a merger may be illegal if it lets remaining companies in an industry collude on pricing. A government victory could give antitrust enforcers another potent weapon to challenge deals even when multiple competitors remain after a merger.
June 23, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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