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What is a divestiture trustee?

divestiture Trustee
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What is a divestiture trustee?

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A divestiture trustee is an independent third party appointed by the Commission to divest assets in those cases in which the respondent has failed to divest assets as required by the Commission’s order. Virtually every merger order issued by the Commission includes a provision authorizing the Commission to appoint a divestiture trustee.

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