Reported 2 days ago
President Trump's new FTC Chair, Andrew Ferguson, has announced that the agency will uphold the stricter merger guidelines established during Biden's administration, indicating that companies will not receive leniency in antitrust enforcement. Ferguson emphasized that these non-binding guidelines adopted in 2023 will shape the review process for mergers, marking a departure from prior practices and reflecting bipartisan support for robust antitrust actions. The FTC's scrutiny includes the impact on labor markets and competition among tech platforms. The DOJ has already begun legal action to block HP's acquisition of Juniper, citing potential harm to market competition.
Source: YAHOO