Case Study: US V. SG Interests And Gunnison Energy

Law360, New York (February 28, 2012, 1:08 PM EST) -- The U.S. Department of Justice’s recent action challenging a joint bidding arrangement for natural gas leases highlights the antitrust risks of joint bids. This article describes considerations parties considering joint bids can take to evaluate and potentially manage their antitrust risks.

The DOJ recently announced a settlement requiring two companies that allegedly coordinated bids for oil and gas leases to pay a total of $550,000 in fines related to an agreement not to compete. The agreement in question allegedly related to joint bids for four natural...
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