Prepared Remarks of Commissioner Rohit Chopra Regarding the

Prepared Remarks of Commissioner Rohit Chopra Regarding the Motion to Rescind the Commission's 1995 Policy Statement on Prior Approval and Prior Notice


Prepared Remarks of Commissioner Rohit Chopra Regarding the Motion to Rescind the Commission's 1995 Policy Statement on Prior Approval and Prior Notice
07/21/2021 | 05:48pm EDT
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Commission's 1995 Policy Statement on Prior Approval and Prior Notice
July 21, 2021
Thank you, Madam Chair. When companies strike agreements to fix prices or merge in ways that substantially reduce competition, this is a violation of longstanding U.S. law.
After collecting input from stakeholders in the Federal Trade Commission's Hearings on Competition and Consumer Protection in the 21st Century, the FTC is voting to reverse a misguided policy crafted during the Clinton Administration that undermined deterrence and promoted repeat offenses of illegal merger activity.

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