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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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Federal Trade Commission Releases Commentary on Vertical Merger Enforcement | Troutman Pepper


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Split along partisan lines, the Federal Trade Commission (Commission) voted last week to issue Commentary on Vertical Merger Enforcement (Commentary). The Commentary intends to “provide[] greater transparency to the public regarding [the Commission’s] analysis of vertical mergers” by collecting in a single document the Commission’s past vertical merger cases and summarizing how it has analyzed potential anticompetitive effects in vertical transactions. [1]
The two Democratic commissioners dissented here just as they had in June 2020, with respect to the issuance of the Vertical Merger Guidelines (Guidelines) themselves. [2] Here, the dissenting commissioners caution against relying on the past to assess how the agency will, in the future, treat transactions that include a non-horizontal element, [3] while the Republican majority points out that the Democrats dissent “not because they quibble with the fa ....

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