Atkore Inc. disclosed on February 14, 2025, that it received a grand jury subpoena from the U.S. Department of Justice Antitrust Division. The subpoena specifically requests the production of documents related to the pricing of the company’s PVC pipe and conduit products.
This regulatory action follows allegations of an anticompetitive price-fixing scheme that purportedly inflated the price of PVC Pipes. The investigation by the DOJ Antitrust Division signals a serious inquiry into the company's business practices.
The outcome of such an investigation could have significant legal and financial implications for Atkore, including potential fines and penalties, and may impact its market position and reputation.
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