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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…
REMARKS AS PREPARED Thank you, Vivian. I’m grateful to you, Cecilia, and everyone at the Aspen Institute for spotlighting President Biden’s
WASHINGTON, April 30-- The American Medical Association, Chicago, Illinois, has issued a public comment to the Federal Trade Commission and the U.S. Department of Justice. To: The Honorable Lina M. Khan, Chair, Federal Trade Commission, Office of the Secretary, Room H-135, 600 Pennsylvania Avenue, NW, Washington, DC 20580. The AMA commends the Department of Justice and the...
The law also seeks to establish processes that will empower antitrust officials to break up problematic deals that have damaged competition in the past. Two US senators have presented legislation to prohibit mergers and acquisitions valued at more than $5 billion, a move that is expected to have the greatest impact on the technology industry. Senator Elizabeth Warren and Representative Mondaire Jones submitted bipartisan legislation to combat rampant industry consolidation, which allows firms to hike consumer prices and abuse workers. The 'Prohibiting Anticompetitive Mergers Act' (PA...
The legislation also looks to establish procedures to allow antitrust agencies to retrospectively break up harmful deals that have destroyed competition