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U.S. DOJ Requires Divestiture by Mittal Steel to Preserve Competition in the Tin Mill Products Industry

Client Alert | 1 min read | 02.20.07

On Tuesday, February 20, 2007, the U.S. Department of Justice announced that it will require Mittal Steel Company N.V. to divest its Sparrows Point facility in Maryland to counteract competitive harm resulting from Mittal's recently proposed $33 billion acquisition of Arcelor S.A. According to the DOJ, Mittal's acquisition would have substantially lessened competition in the market for tin mill products in the eastern United States. Therefore, the DOJ's proposed consent decree will require Mittal to divest Dofasco Inc., a Canadian company owned by Arcelor, which the DOJ recognized may not be possible due to Arcelor's placement of legal title of Dofasco into a Dutch foundation in an attempt to defeat Mittal's hostile takeover bid. Thus, the DOJ proposed that if the sale of Dofasco cannot be carried out, then the DOJ will require Mittal to divest its Sparrows Point mill.


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Client Alert | 4 min read | 05.13.24

Harmonizing AI with EEO Requirements: OFCCP’s Blueprint for Federal Contractors

Now more than ever, federal contractors find themselves at the intersection of innovation and regulation, particularly in the realm of Artificial Intelligence (AI).  AI is now incorporated into a broad range of business systems, including those with the potential to inform contractor employment decisions.  For that reason, the Office of Federal Contract Compliance Programs (OFCCP) has issued new guidance entitled “Artificial Intelligence and Equal Employment Opportunity for Federal Contractors” (the “AI Guide”).  OFCCP issued the AI Guide in accordance with President Biden’s Executive Order 14110 (regarding the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence”), which we reported on here.  The AI Guide provides answers to commonly asked questions about the use of AI in the Equal Employment Opportunity (EEO) context.  The AI Guide also offers “Promising Practices,” which highlight a number of important considerations for federal contractors.  Focusing on federal contractors’ obligations and attendant risks when utilizing AI to assist in employment-related decisions, the AI Guide also provides recommendations for ensuring compliance with EEO requirements while harnessing the efficiencies of AI....

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