Exelon Settles Contempt Claims Over Deal In DOJ Antitrust Suit

Law360, New York (November 15, 2012, 2:40 PM EST) -- Exelon Corp. has resolved allegations that it breached a court order entered last year alongside a settlement with the U.S. Department of Justice to secure antitrust clearance for the company's $7.9 billion merger with Constellation Energy Group Inc., the DOJ said Thursday.

Power company Exelon agreed to pay $400,000 to resolve civil contempt claims leveled against it by the DOJ, which alleged that the company failed “to take all steps necessary to comply” with a December 2011 consent decree and related court order by offering to...
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