We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Monopoly Risk Led Judge To Block $367M Waste Co. Merger

Law360, Fort Wayne (July 13, 2017, 4:36 PM EDT) -- A Delaware federal judge on Thursday unsealed the reasoning behind her decision to block the $367 million merger of rival nuclear waste processors EnergySolutions and Waste Control Specialists, explaining that the deal would have created a monopoly and rejecting the claim that WCS couldn't have found another buyer.

In the redacted opinion, U.S. District Judge Sue L. Robinson ruled on June 21 that the DOJ had proven that EnergySolutions Inc. and Waste Control Specialists LLC competed in the same product markets for disposal of higher-activity and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.