In brief The Antitrust Division of the Department of Justice (DOJ) announced that it reached a settlement in its litigation challenge against ASSA ABLOY AB’s (“Assa Abloy”) proposed USD 4.3 billion acquisition of Spectrum Brand Holding Inc.’s Hardware and Home Improvement division (“Spectrum”). [1] The settlement, which came in the middle of trial and is now subject to court approval, is the first negotiated settlement under DOJ Assistant Attorney General Jonathan Kanter. Notably, comments from the…
Author
Teisha Johnson
BrowsingTeisha Johnson is a member of Baker McKenzie's antitrust practice in Washington, DC. She advises clients on a wide range of antitrust and e-discovery matters, and has considerable experience counseling clients in government investigations, proposed mergers and acquisitions, compliance, and litigation matters.
Teisha focuses her practice on antitrust investigations and e-discovery matters. She routinely leads cross-border teams in investigations of proposed mergers, and responding to international investigations and discovery requests. She also advises clients on all aspects of the antitrust regulatory process, including representing clients in matters before the Federal Trade Commission and the Antitrust Division of the US Department of Justice, as well as in civil and criminal investigations before federal and state authorities. In addition, she regularly counsels clients in consumer protection matters, including allegations of unfair and deceptive practices brought under Section 5 of the FTC Act.