Without question, 2022 has been a remarkably busy time for the US Department of Justice's (DOJ's) Antitrust Division (Division). Over just a few months, the Division rolled out meaningful revisions.
The FTC issued two orders for public comment in June 2022 settling allegations that JAB Consumer Partners’ $1.1 billion acquisition of SAGE Veterinary Partners and $1.65 billion acquisition of the parent of veterinary clinic owner Ethos violated federal antitrust laws.
Chicago, IL, June 22, 2022—Commercial Carpet Consultants Inc., a Chicago-based commercial flooring contractor, and its former president, Jerry P. Watson, have been charged for a long-running conspiracy to rig bids and fix prices for commercial flooring products and services, according to The United States Department of Justice.
The Justice Department’s Antitrust Division has had a rough year in the criminal arena. While the Antitrust Division has aggressively blocked several proposed mergers, it has lost.