Public Knowledge Applauds New Merger Guidelines To Protect Consumers

As we speak, the Division of Justice and the Federal Commerce Fee revealed their remaining new merger tips to assist cease anti-competitive mergers. Public Data beforehand filed feedback with each the DOJ and FTC supporting these key updates to strengthen merger enforcement for sure forms of vertical mergers and mergers by digital platforms. Public Data applauds the brand new merger tips and urges courts to make use of them to guard shoppers from anti-competitive mergers.

The next could be attributed to Charlotte Slaiman, Vice President at Public Data:

“The ultimate 2023 Merger Tips have the potential to usher in a brand new financial system the place competitors thrives, to the good thing about shoppers, staff, and small companies. After months of stakeholder engagement and onerous work of quite a few specialists, the FTC and DOJ have revealed a historic doc for the way forward for antitrust regulation. The ultimate tips mirror some necessary clarifications and incorporate suggestions from the unprecedented variety of public feedback. I look ahead to the longer term enforcement actions that may be constructed from the robust basis set by these tips.”

Chances are you’ll view testimony by Charlotte Slaiman on vertical mergers earlier than the U.S. Senate Judiciary Committee’s Subcommittee on Competitors Coverage, Antitrust, and Client Rights. Ms. Slaiman additionally participated within the official FTC workshops discussing the rules and their potential affect, which you’ll view within the video.

Members of the media could contact Communications Director Shiva Stella with inquiries, interview requests, or to affix the Public Data press listing at shiva@publicknowledge.org or 405-249-9435.