US Steel and Nippon sue Biden administration over decision to block their merger

US Steel and Nippon, whose multibillion-dollar merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.”

​ US Steel and Nippon, whose multibillion-dollar merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.” Read More Breaking News, Latest News and Videos | CNN