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The Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ) (together the Agencies) gave us a year-end "gift," publishing their final, 2023 Merger Guidelines.

Department of justiceFederal trade commissionAntitrust divisionIllegality when theySignificantly increase concentrationHighly concentratedCan violateLaw when they eliminateSubstantial competition betweenLaw when they increasePotential entrantLaw when they createThat may limit accessServices that its rivals useLaw when they entrenchIndustry undergoes