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FTC and DOJ Release Draft of Updated Merger Guidelines: What this Means for Companies' M&A Plans Now and in the Future | K&L Gates LLP

After months of delays, on 19 July 2023, the United States Department of Justice Antitrust Division and Federal Trade Commission (collectively, the Agencies) released for public comment...
United States Microsoft Corp Us Supreme Court Us Sugar Corp American Express United States Department Of Justice Antitrust Division

U.S. antitrust enforcers tackle digital platforms in new merger guidelines

New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of planned mergers by Big Tech companies like Amazon.com and Alphabet's Google. The Biden administration has taken a tougher stance on mergers, filing some aggressive challenges. Several challenges go before judges in the next few months, including the Justice Department's fight against JetBlue's purchase of Spirit.
United States Diane Bartz Richard Chang Joe Biden Justice Department Big Tech
Source: yahoo.com

Biden administration proposes tougher rules for mergers in antitrust push

Federal antitrust enforcers released a long-anticipated draft of new merger guidelines Wednesday that would significantly change how large companies’ acquisitions are reviewed. The joint proposal from the Federal Trade Commission (FTC) and Department of Justice (DOJ) lays out 13 guidelines for how mergers would be reviewed. The agencies asked for public comment on the draft…
United States Lina Khan Department Of Justice Justice Department Federal Trade Commission General Merrick Garland
Source: yahoo.com

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CBN Sets Limit For Contactless Payments

June 28, (THEWILL) - The Central Bank of Nigeria (CBN) has set a daily cumulative limit for contactless payments. The bank, in a circular on Tuesday, defined the transaction limits for contactless payment through accounts and wallets as N15,000 and a daily cumulative of N50,000. Contactless payment systems are credit cards and debit cards, key
Musa Jimoh Bank Verification Number Payment System Management Department Central Bank Draft Guidelines Contactless Payments

NCA begins consultations on how to disconnect Telcos and ISPs

The National Communications Authority (NCA) is embarking on an industry consultation to fine tune its draft guidelines on how players in the industry can can be disconnected by tower companies or by other operators.    Is a public notice on its website, the NCA said it has published the Draft…
Approval To Disconnect Telecommunications Service Operators Electronic Communications National Communications Authority Draft Guidelines Procedure For Granting Approval Disconnect Telecommunications Service

CBN Sets Daily Transaction Limit For Contactless Payment

By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) has set a daily cumulative limit for contactless payment. The bank in a circular on Tuesday defined the transaction limits for contactless payment through accounts and wallets as N15,000 and daily cumulative of N50,000. Contactless payment system are credit cards and debit cards, key fobs,
Abuja Federal Capital Territory Tony Obiechina Providus Bank Thales Group Bank Verification Number Central Bank

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