CNBC July 19, 2023
Key Points
– The Federal Trade Commission and Department of Justice announced new draft guidelines Wednesday for evaluating mergers.
– Their new focus includes assessing the impact on competition for workers and how a series of acquisitions, rather than one-offs, could result in harmful effects on the market.
– The update encapsulates the agencies’ push to keep pace with the digital age and a changing market. The proposed rules apply to both vertical and horizontal mergers.
The Federal Trade Commission and Department of Justice said Wednesday that their new focus when evaluating mergers will include the impact a deal will have on competition for workers along with how a series of acquisitions, rather than one-offs, could result in harmful effects...
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