Court rules Nucor did not break antitrust laws
Jul 18, 2013 | 10:09 AM
| Catherine Ngai
NEW YORK Nucor Corp. did not violate antitrust laws by bidding on assets of a bankrupt competitor 11 years ago, a U.S. appeals court has ruled.
Gulf States Reorganization Group Inc. (GSRG), a then-newly formed company that wanted to enter the hot-rolled market by purchasing assets of bankrupt Gulf States Steel Corp., could not prove that Nucor was acting to be a monopoly player, the U.S. Court of Appeals for the 11th Circuit said this week.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.