Alexandra A. Zeiger and Megan E. Harmon published "Steves and Sons vs. Jeld-Wen: The first private antitrust divestiture suit" in the Philadelphia Business Journal. They wrote:
"The first successful private antitrust divestiture action was recently decided in Steves and Sons v. Jeld-Wen. The District Court judge held in October that Jeld-Wen Inc., an interior molded doorskin and door manufacturer, must divest itself of a Towanda, Pa., facility that it acquired in a 2012 merger with former competitor, Craftmaster Manufacturing Inc. Following a jury verdict in favor of the plaintiff, Steves and Sons Inc., and a Remedies Hearing, the court determined in its 149-page Memorandum Opinion that divestiture was the only effective way to adequately restore competition in the interior molded doorskins market."
Read the full article online here.
Previously published in the Philadelphia Business Journal
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