Wed 09/15/2021 15:12 PM
Takeaways
- The FTC voted today on a partisan 3-2 vote to rescind the 2020 Vertical Merger Guidelines and accompanying agency commentary.
- Chair Lina Khan said that the rescinded guidelines suffered from “serious deficiencies” that could be used to rescue otherwise unlawful transactions. Khan said that the commission and its staff will rely on relevant statutes and jurisprudence to determine the legality of vertical mergers investigated by the commission.
- Republican commissioners Noah...
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