The U.S. Department of Justice Antitrust Division (DOJ) recently announced the resignation of seven directors from five companies in the latest round of DOJ challenges to interlocking directorates.
The MarketWatch News Department was not involved in the creation of this content. The Federal Trade Commission has approved revised jurisdictional thresholds for Section 8 of the Clayton Act, which ...
For the first time in 40 years, the Federal Trade Commission (FTC) has taken action to enforce Section 8 of the Clayton Act, which prohibits so-called interlocking directorates. In the same action, ...
Directors and officers are no strangers to governance risks, but not all risks are obvious. A great example of a hidden risk for directors is Section 8 of the Clayton Antitrust Act. Section 8 ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The interlocking directorate is anathema to trustbusters and corporate watchdogs. It occurs when a board member or top executive of one company sits on the board of another company, accumulating undue ...
Interlocking directorates — the practice of the same director sitting on the boards of competing companies — have long been identified with backroom deals and corporate collusion. In 1914, when ...
Citations: Zajac, Edward J.. 1988. Interlocking Directorates as an Interorganizational Strategy: A Test of Critical Assumptions. Academy of Management Journal. (2)428-438.
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