Federal Trade Commission building in Washington, D.C, on January 12, 2022. Photo: Diego M. Radzinschi/ALM FTC, DOJ Propose More Stringent Merger Guidelines Focused on Labor and Competition
"Unmistakably, the aim is to use the document to persuade courts to extend the frontiers," said former FTC Chair William Kovacic.
July 19, 2023 at 08:38 PM
6 minute read
The Federal Trade Commission and the Department of Justice proposed merger guidelines Wednesday that reflect the Biden administration's aggressive enforcement approach to corporate acquisitions that considers not only their effect on competition but on the labor market, antitrust attorneys said.
The proposed guidelines call for regulators to review planned acquisitions with an eye toward whether the deal would "substantially lessen competition for workers or other sellers."
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