Posted May 30, 2014
The U.S. Department of Justice has published a notice
of proposed Final Judgment and Competitive Impact Statement in an antitrust
case, United States of America v. Conagra
Foods, Inc., et al., Civil Action No. 1:14-cv-823. The Federal Register Notice is available here.
In May, the United States filed a Complaint alleging
that the combination of the wheat flour milling assets of ConAgra Foods, Inc.
and Horizon Milling, LLC to form another joint venture, Ardent Mills would
violate Section 7 of the Clayton Act, 15 U.S.C. 18 and Section 1 of the Sherman
Act, 15 U.S.C. 1.
The proposed Final Judgment requires Ardent Mills to
divest flour mills in various locations and “certain tangible and intangible
assets.”
The comment period will be open for 60 days.
For more information on antitrust laws, please visit
the National Agricultural Law Center’s website here.