Skadden Discusses DOJ Antitrust Enforcement Against Interlocking Directorates

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.