Recent Development in Antitrust and International Trade Law

DOJ SEEKS DISGORGEMENT OF PROFITS IN SETTLEMENT WITH KEYSPAN REGARDING ANTICOMPETITIVE AGREEMENT

February 22, 2010 at 2:34 pm

On February 22, 2010, the DOJ entered into a settlement with KeySpan Corporation that requires KeySpan to pay $12 million for violating the antitrust laws by entering into an agreement restraining competition in the New York City electricity capacity market. The DOJ alleged that the financial derivative agreement likely resulted […]