Justice Department Requires Substantial Divestitures, Waiver of Non-Compete for S&P to Proceed With Its Merger With IHS Markit
November 13, 2021
November 13, 2021
WASHINGTON, Nov. 13 -- The U.S. Department of Justice issued the following news release on Nov. 12, 2021:
The Department of Justice announced today that it will require S&P Global Inc. (S&P) to divest three of IHS Markit Ltd.'s (IHSM) price reporting agency (PRA) businesses to resolve antitrust concerns arising from their proposed $44 billion merger. PRAs provide critical price discovery for numerous commodity markets, including markets where trades are done off-exchang . . .
The Department of Justice announced today that it will require S&P Global Inc. (S&P) to divest three of IHS Markit Ltd.'s (IHSM) price reporting agency (PRA) businesses to resolve antitrust concerns arising from their proposed $44 billion merger. PRAs provide critical price discovery for numerous commodity markets, including markets where trades are done off-exchang . . .