Agencies' Halt Of Early Merger OKs May Signal Policy Shift
Law360 (February 9, 2021, 10:34 AM EST) -- In the short term, the decision by the U.S. Department of Justice and the Federal Trade Commission last week to suspend early permission slips for apparently innocuous mergers will be a headache for delicate deals, but long-term, antitrust professionals say it could signal a broader rethink of American competition policy.
The agencies called it a "temporary suspension" of the heavily used program, which grants so-called early terminations of the statutory 30-day waiting period required for most mergers. Early terminations are typically granted, upon request of the merging parties, to deals that pose no apparent competition concerns.
But the FTC's two Republicans,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!