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The FTC on Tuesday asked the U.S. District Court in Washington, D.C., for an emergency order to prevent Arch Coal Inc. from completing its $384 million acquisition of Triton Coal Co. The FTC minced few words in blasting U.S. District Judge John D. Bates and his conclusion that the agency had brought a "novel" merger challenge by focusing on the risk that other mining companies would collude to reduce output rather than to raise prices.
August 19, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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