Skadden Discusses DOJ Antitrust Enforcement Against Interlocking Directorates

The CLS Blue Sky Blog

Maria Raptis David P. Wales

Partners Maria Raptis and David Wales discuss the DOJ’s pledge to enforce the prohibition on interlocking directorates — i.e., when a “person” serves as a director or officer of competing corporations — under Section 8 of the Clayton Act. Maria and David provide a detailed overview of Section 8 as well as takeaways from this newly intensified enforcement, which recently resulted in the resignation of seven directors from the boards of five companies.