ILSR submitted an in-depth comment letter applauding the FTC and DOJ for the significant changes contained in the agencies’ Draft Merger Guidelines and suggesting ways the agencies should amend their draft guidelines to better discern and block harmful mergers, promote a decentralized economy, safeguard American liberty, and fulfill the aims of the antitrust laws enacted by Congress.… Read More
The Biden Administration’s proposed merger guidelines represent a significant shift in policy from the current guidelines. If implemented, the guidelines would help stop harmful mergers that concentrate power in too few hands. Our new explainer breaks down the basics of the new merger guidelines and explains how they could reshape merger enforcement, the economy, and our democracy.… Read More
The Federal Trade Commission and the Justice Department’s Antitrust Division are proposing new Merger Guidelines and they want you to share your stories. You are the experts on how monopolies — like Amazon, CVS, Dollar General, Comcast, and beyond — have impacted your communities and these stories are key to ensuring the final guidelines are strong. See the link in this post on how to share your stories!… Read More
A major shift is afoot in the federal government’s stance on big business. The US Justice Department and Federal Trade Commission’s draft merger guidelines represent a major break with the neoliberal assumptions that have underpinned US antitrust enforcement for the last 40 years. In the Project Syndicate, Stacy Mitchell and Ron Know write how the draft guidelines, if adopted, would stop runaway corporate consolidation, rebuild local economies, and help preserve US democracy.… Read More
“This draft heralds a long overdue end to the dangerous and destructive approach of the last four decades,” Stacy Mitchell, ILSR Co-Executive Director, says in the statement.… Read More
