Department of Justice looking into Alterra’s pending acquisition of Arapahoe Basin ski area

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Federal antitrust investigators are scrutinizing the Denver-based Alterra Mountain Company’s pending acquisition of the Arapahoe Basin ski area.

Skiers wait in line to get on the lift at Arapahoe Basin Ski Area on Loveland Pass, Colorado on June 16, 2024.Department of Justice officials were mum. “We will have no comment on any open investigation,” federal spokeswoman Melissa Brandon said.

The DOJ has demanded financial and visitation data that the NSAA and its market research partner RRC Associates collect from ski areas. Federal investigators sent a Civil Investigative Demand, which is an administrative subpoena, and NSAA officials notified ski areas in a letter, according to the “A filing with the DOJ was required, which is customary given the size of the transaction,” according to a statement from Alterra’s chief legal officer Karen Sanford. “We are working through the process,” the statement said, and “we cannot otherwise comment on the status of the ongoing review with the DOJ.”In the letter sent to ski areas last week, NSAA officials said DOJ investigators were looking into whether the proposed acquisition would stifle competition in the Rocky Mountain region.

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