U.S. DOJ Probes Major Private Equity Firms on Board Practices with Regard to Possible Antitrust Violations
Posted on 10/28/2022
The U.S. Department of Justice (DOJ) is investigating a number of private equity firms to see whether their influence across multiple corporate boards in the U.S. violate U.S. antitrust laws. Such investment firms under the DOJ probe include Blackstone Inc., Apollo Global Management Inc., and KKR & Co. The DOJ using civil investigative demands is…
