PetSmart, Chewy Overlapping Directors Focus of DOJ Complaint
- Pet retailers share three board directors from BC Partners
- DOJ initiative led to director resignations at 10 companies
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A worker advocacy group has asked the Justice Department to investigate BC Partners Holding Ltd.’s PetSmart LLC and Chewy Inc. over concerns the pet supply retailers’ overlapping directors violate US antitrust law.
In a complaint filed with the Justice Department this week, United for Respect urged a probe into three directors who sit on the boards of both PetSmart and Chewy even though the two companies split years ago.