WASHINGTON, Jan 14 (Reuters) - The U.S. filed a civil
lawsuit on Tuesday against private equity firm KKR & Co ( KKR ),
"for repeatedly flouting the premerger antitrust review
process," alleging the company avoided antitrust scrutiny for at
least 16 deals from 2021 to 2022.
"Through document omissions, alterations, and failures to
report deals, KKR threatened the integrity of the (Antitrust)
Division's premerger reviews and, in some cases, obscured the
market impact of its deals and serial acquisitions," said
Justice Department official Doha Mekki.
In a related lawsuit filed against the DOJ in federal court
in Washington on Tuesday, KKR said, "After a sweeping
investigation that has spanned nearly three years - with which
KKR fully cooperated - the purported filing 'errors' the
Antitrust Division has identified are trivial."
"Not a single alleged 'error' was material to or interfered
with any merger review," KKR added.