FTC, DOJ Stay on Merger Guidelines

This is a news story, published by The American Prospect, that relates primarily to Julian Zelizer news.

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antitrust agencies

The American Prospect

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US Politics

Trump antitrust enforcers are adopting the Khan and Kanter viewpoint on the law

Summary

Nutrition label

75% Informative

The new leaders of the FTC and the Justice Department’s Antitrust Division say they will continue to follow the 2023 merger guidelines.

Julian Zelizer says the guidelines reflect the understanding of antitrust statutes and jurisprudence by the predecessors at those agencies.

Zelizer: The cynical view is that this simply allows Trump to weaponize the legal system once more.

Merger filings were down 30 percent in January compared to last year .

Wall Street is terribly upset. Wall Street expected from a return to consolidation hasn't materialized.

The foundation is in place for what the New Brandeis movement sought for more than a decade : a restoration of competition policy as an economic and social imperative.

VR Score

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Neutral language

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informal

Language

English

Language complexity

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not offensive

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not hateful