Federal Trade Commission v. Peabody Energy Corp.

ELR Citation: 50 ELR 20237
No(s). 4:20-cv-00317-SEP (E.D. Mo. Oct 5, 2020) (Pitlyk, J.)

A district court granted the Federal Trade Commission's (FTC's) motion to preliminarily enjoin a proposed joint venture between the United States' two largest coal producers. The Commission challenged the joint venture on antitrust grounds, arguing that it violated §7 of the Clayton Act and §5 of ...