FTC Restores an Old Fence With Restoration of Prior-Approval Policy for Future Mergers by Anticompetitive Dealmakers
Posted 10/28/21
The FTC announced this week that it is restoring a prior-approval policy that requires firms subject to FTC orders resolving anticompetitive mergers to obtain prior approval from the FTC before closing future transactions.
Companies settling an anticompetitive deal by entering into a consent order with the FTC will need the agency’s blessing to close any further acquisitions in each affected market for at least...