September 29, 2020
Arch Resources and Peabody Energy Corp. on Tuesday abandoned a proposed joint venture after a Missouri federal court said the companies couldn't rebut the Federal Trade Commission's claim their combination would result in the loss of "meaningful coal-on-coal competition."
August 10, 2020
A Missouri federal judge pressed the Federal Trade Commission in closing arguments Monday to explain how a proposed joint venture between Arch Coal and Peabody would drive up energy prices in the face of market pressures beyond the "coal-on-coal competition" that the agency has focused on.
July 14, 2020
The Federal Trade Commission urged a Missouri federal judge in opening arguments Tuesday to block a joint venture between Arch Coal and Peabody based on agency concerns the deal will drive up energy prices by reducing current "coal-on-coal competition," not on outdated views of market dynamics as the companies say.
July 08, 2020
The state of Wyoming has urged a Missouri federal judge to reject the Federal Trade Commission's challenge to a joint venture between Arch Coal and Peabody, saying the FTC has failed to recognize how the market works and that stopping the merger will cause harm to the state's coal industry.
July 01, 2020
Peabody Energy Corp. and Arch Coal Inc. have urged a Missouri federal court not to halt their proposed joint venture, arguing in a Tuesday filing that the Federal Trade Commission took too narrow a view of their market and could not support its claims that the venture would have anti-competitive effects.
June 09, 2020
The Federal Trade Commission has urged a Missouri federal court to temporarily block the joint venture of two coal-mining companies, Peabody Energy Corp. and Arch Coal Inc., claiming the combined operations will result in the control of coal in the Southern Powder River Basin.
April 28, 2020
The Federal Trade Commission asked a Missouri federal judge for an additional three weeks to prepare for a preliminary injunction hearing in a suit disputing a joint venture between two coal companies, citing challenges presented by the coronavirus outbreak.
April 02, 2020
Several in-house lawyers for Peabody Energy Corp. and Arch Coal Inc. can't get their hands on most of their competitors' confidential materials to help stave off a Federal Trade Commission merger challenge, a Missouri federal judge has ruled.
March 27, 2020
The Federal Trade Commission has urged a Missouri federal court not to give in-house counsel for Arch Coal Inc. and Peabody Energy Corp. access to confidential third-party material turned over in the agency's challenge of their planned joint venture.
March 24, 2020
Arch Coal Inc. and Peabody Energy Corp. pressed a Missouri federal judge Monday to grant senior in-house counsel access to third-party material that they said is essential to fighting the Federal Trade Commission's challenge to their planned joint venture.