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U.S. FTC, Justice Dept to review merger guidelines to determine if ‘overly permissive’

Stock Markets5 minutes ago (Jul 09, 2021 08:05PM ET)

(C) Reuters. FILE PHOTO: Lina Khan, then-nominee for Commissioner of the Federal Trade Commission (FTC), testifies during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, U.S. April 21, 2021. Saul Loe

WASHINGTON (Reuters) – The chair of the U.S. Federal Trade Commission, Lina Khan, and the acting head of the U.S. Justice Department Antitrust Division, Richard Powers, said on Friday that they would soon launch a review of merger guidelines to determine if they are “overly permissive.”

U.S. FTC, Justice Dept to review merger guidelines to determine if ‘overly permissive’

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