On Monday, the U.S. Department of Justice’s Antitrust Division filed a motion and supporting papers seeking to terminate 19 “legacy” judgments in the District Court for the District of Columbia. The filing is part of the Antitrust Division’s effort to terminate decades-old anti-trust judgments that no longer serve their original purpose.
“Today we have taken an important next step toward eliminating antitrust judgments that no longer protect competition,” said Assistant Attorney General for Antitrust, Makan Delrahim. “Today’s filing is the first of many that we will make in courts around the country in our effort to terminate obsolete judgments.”
In its motion, the Antitrust Division explained that perpetual judgments rarely continue to protect competition, and those that are more than ten years old should be terminated absent compelling circumstances. Other reasons for terminating the judgments include that essential terms of the judgment have been satisfied, most defendants likely no longer exist, the judgment largely prohibits that which the antitrust laws already prohibit, and market conditions likely have changed. Each of these suggests the judgments no longer serve to protect competition.
For more, see www.justice.gov/atr/JudgmentTermination.
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