Lawyers React To Proposed New Merger Guidelines

Law360 (April 20, 2010, 7:28 PM EDT) -- U.S. antitrust regulators on Tuesday unveiled proposed new guidelines outlining how deals between competitors are scrutinized by the agencies. Law360 asked leading antitrust attorneys what impact the revised guidelines, if adopted, will have on future mergers.

Philip Bartz

McKenna Long & Aldridge LLP, partner

The proposed guidelines are not likely to have a large impact on M&A from an antitrust perspective. The guidelines mostly reflect a codification of the enforcement agencies' evolved thinking on mergers over the past 18 years. Basic Section 7 analytical theory remains the same, however, and the most important emphasis in the new guidelines is that evidence...

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