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Last Updated
Case Status
Closed
In the Matter of Peabody Energy Corporation, a public company; and Arch Coal, Inc., a public company.
FTC Matter/File Number
191 0154
Docket Number
9391
Enforcement Type
Part 3 Administrative Complaints

Case Summary

The Federal Trade Commission has filed an administrative complaint challenging a proposed joint venture between Peabody Energy Corporation and Arch Coal. The transaction would combine their coal mining operations in the Southern Powder River Basin, located in northeastern Wyoming. The complaint alleges that the transaction will eliminate competition between Peabody and Arch Coal, the two major competitors in the market for thermal coal in the Southern Powder River Basin, and the two largest coal-mining companies in the United States. On Sept. 29, 2020, the U.S. District Court for the Eastern District of Missouri granted the FTC’s request for a preliminary injunction, and the parties abandoned their transaction.

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