{"id":1167980,"date":"2020-02-26T09:41:00","date_gmt":"2020-02-26T15:41:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=69263d69ba423ed7ef839992c01f6cc0"},"modified":"2020-02-26T09:46:39","modified_gmt":"2020-02-26T15:46:39","slug":"ftc-moves-to-block-peabody-and-arch-coal-jv","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1167980","title":{"rendered":"FTC moves to block Peabody and Arch Coal JV"},"content":{"rendered":"<p>The Federal Trade Commission (FTC) on Wednesday filed an administrative complaint challenging a proposed joint venture (JV) between the two largest coal-mining companies in the US, on concerns that the transaction will eliminate competition.<\/p>\n<p>Through the transaction, announced in June 2019, Peabody Energy and Arch Coal plan combine their mining operations in the Southern Powder River Basin (SPRB), located in north-eastern Wyoming.<\/p>\n<p>The companies are two major competitors, having produced more than 60% of all SPRB coal mined in 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Trade Commission (FTC) on Wednesday filed an administrative complaint challenging a proposed joint venture (JV) between the two largest coal-mining companies in the US, on concerns that the transaction will eliminate competition.<\/p>\n<p>Through t&#8230;<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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