Posted May 30, 2014
The U.S. Department of Justice has published a notice of proposed Final Judgment and Competitive Impact Statement in an antitrust case, United States of America v. Conagra Foods, Inc., et al., Civil Action No. 1:14-cv-823. The Federal Register Notice is available here.
In May, the United States filed a Complaint alleging that the combination of the wheat flour milling assets of ConAgra Foods, Inc. and Horizon Milling, LLC to form another joint venture, Ardent Mills would violate Section 7 of the Clayton Act, 15 U.S.C. 18 and Section 1 of the Sherman Act, 15 U.S.C. 1.
The proposed Final Judgment requires Ardent Mills to divest flour mills in various locations and “certain tangible and intangible assets.”
The comment period will be open for 60 days.
For more information on antitrust laws, please visit the National Agricultural Law Center’s website here.