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DOJ requests sale of all PowerReviews assets as remedy in Bazaarvoice antitrust case

( February 13, 2014, 01:47 GMT | Official Statement) -- MLex Summary: The US Department of Justice has asked a federal judge to require Bazaarvoice to sell all of PowerReviews' assets as part of the remedy for Bazaarvoice's violation of the Clayton Act through its acquisition of PowerReviews, its primary rival in the market for online reviews. Under the DOJ's proposed remedy, Bazaarvoice also would be required to provide syndication services to the divestiture buyer, and be required to waive trade-secret restrictions for any of its employees who are hired by the divestiture buyer, enabling the buyer to leverage Bazaarvoice’s post-merger research and development efforts.  Please see attached document...

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