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Antitrust Developments and the Potential Impact on Government Contractors | Stinson - Government Contracting Matters

The Remedy of Divestiture: Steves and Sons, Inc. v. JELD-WEN, Inc.
For what is believed to be the first time ever, a private plaintiff successfully challenged an already consummated merger under antitrust law and won divestiture as part of its remedy. Does this pose a potential increased risk of antitrust enforcement remedies of divestiture only in private party lawsuits? Or does it also give rise to a risk of divestiture in cases brought against entities involved in public sector contracts, grants, and programs?
In
Steves and Sons, Inc. v. JELD-WEN, Inc., 988 F.3d 690 (4th Cir. 2021), the Fourth Circuit upheld a district court decision that ordered, inter alia, JELD-WEN, Inc. (“JELD-WEN”) to divest a manufacturing plant that it acquired as part of its merger with a competitor, CMI. ....

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Global Doors Market (2020 to 2025) - Increase in Spending on Customization of Doors Presents Opportunities

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ResearchAndMarkets.com s offering.
The global doors market size is projected to grow from USD 90.6 billion in 2020 to USD 118.2 billion by 2025, at a CAGR of 4.8% between 2020 and 2025.
The growing construction industry and changing interior decor preferences of customers are driving the market for doors. However, high investment & installation costs of eco-friendly doors are expected to restrain this market. Rapid urbanization in emerging economies is expected to offer significant growth opportunities to manufacturers of doors. The major challenge faced by players is fluctuating raw material prices and growing environmental concerns and implementation of standards indoor products. ....

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After a Year of Working From Home, Nearly Half of People Struggle with Disruptions and Working Longer Hours to Compensate

After a Year of Working From Home, Nearly Half of People Struggle with Disruptions and Working Longer Hours to Compensate
JELD-WEN ProCore™ Door Reduces Noise by up to 50%
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CHARLOTTE, N.C., March 11, 2021 /PRNewswire/ According to a newly released study by Zonda, a housing data firm, nearly half of respondents with children under the age of 19 at home are still having issues with being disrupted by noise during the work day, after a year of shifting to working from home. The offending sounds are caused by others working, studying, or simply going about their day. This is still happening after a year of adapting to the new normal of working and studying from home. ....

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Fourth Circuit Upholds First-Ever Antitrust Relief In Private Challenge To Consummated Merger - Anti-trust/Competition Law

Fourth Circuit Upholds First-Ever Antitrust Relief In Private Challenge To Consummated Merger - Anti-trust/Competition Law
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4th Circuit Affirms Divestiture in Private Antitrust Lawsuit

Tuesday, March 2, 2021
The recent decision of the U.S. Court of Appeals for the Fourth Circuit in Steves & Sons, Inc. v. JELD-WEN, Inc., 2021 WL 630521 (4th Cir. Feb. 18, 2021), is noteworthy for its affirmance of the trial court’s unusual grant of the equitable remedy of divestiture in a private antitrust suit brought by a customer challenging a merger of competing suppliers. That challenge was brought under Section 16 of the Clayton Act, 15 U.S.C. § 26, and followed a merger consummated four years before the plaintiff’s complaint.
While divestiture is a commonly sought remedy in government enforcement actions brought by the Federal Trade Commission (FTC) and the Antitrust Division of the U.S. Department of Justice (DOJ), the Fourth Circuit observed that “private suits seeking divestiture are rare and, to our knowledge, no court had ever ordered divestiture in a private suit before this case.” Steves & Sons, Inc., 2021 WL 630521, at 5; see also ....

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