Friday, March 6, 2020

Justice Department Concludes Historic Arbitration of a Merger Dispute

U.S. Department of Justice


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03/06/2020 12:00 AM EST

The Department of Justice this week concluded an arbitration that will resolve a civil antitrust lawsuit challenging Novelis Inc.'s proposed acquisition of Aleris Corporation. The lawsuit seeks to preserve competition in the North American market for rolled aluminum sheet for automotive applications, commonly referred to as aluminum auto body sheet. This marks the first time the Antitrust Division has used its authority under the Administrative Dispute Resolution Act of 1996 (5 U.S.C. § 571 et seq.) to resolve a matter.
 


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