Raising The Bar For Vertical Mergers

Law360, New York (May 5, 2011, 11:53 AM EDT) -- The U.S. Department of Justice has announced that, to allow Google's proposed acquisition of ITA Software, the DOJ and the parties have agreed to a set of requirements that will govern Google's future operation of the ITA business. This action is notable as another challenge to a vertical merger and another example of the DOJ imposing "regulatory" conditions on merging parties' future conduct. Both once rare, these elements have become cornerstones of the current administration's merger policy.

Background

As most people know, Google is the largest...
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