
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) yesterday released new draft guidelines for mergers and acquisitions. The proposed rules would govern how the two agencies tasked with antitrust law enforcement evaluate whether to allow or block corporate merging and acquiring. The release of the draft guidelines marks the beginning of a 60-day public comment period.
The 13 new guidelines were designed to "reflect the realities of how firms do business in the modern economy," said FTC Chair Lina Khan.