US Steel and Nippon, whose $14.3 billion 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.

The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.

U.S. Steel and Nippon Steel have filed a lawsuit over President Joe Biden’s decision to stop U.S. Steel from being purchased by the Japan-based company. The post US Steel sues Biden over blocked merger with Nippon appeared first on FreightWaves.