The Justice Department says two Pinterest directors resigned from Nextdoor’s board of directors in response to the department's efforts to enforce an antitrust law aimed at barring executives from holding similar positions at rival companies.
NEW YORK — The Justice Department said Wednesday that two directors resigned from Nextdoor’s board in response to the department’s efforts to enforce an antitrust law aimed at barring executives from holding similar positions at rival companies.
“We remain steadfast in our commitment to protect competition by preventing interlocking directorates that we believe violate Section 8 of the Clayton Act,” Deputy Assistant Attorney General Andrew Forman of the department’s antitrust division said in a statement. When reached on Wednesday, San Francisco-based Nextdoor directed The Associated Press to a July regulatory filing that identified the resigning directors as Leslie Kilgore and Andrea Wishom. According to the filing, Kilgore and Wishom informed the neighborhood-focused social network company of their decision to step down on July 25.
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