The Department of Justice (DOJ) and Federal Trade Commission (FTC) have overhauled merger review guidelines, making it harder to close deals without scrutiny.
What’s New:
- The agencies now examine not just market share, but vertical integration, labor market impact, and even innovation suppression.
- More deals are being challenged or delayed—even in the tech and healthcare sectors.
Impact on Business:
- Strategic acquisitions may face longer timelines and higher legal costs.
- Early antitrust analysis is now essential—even for smaller, seemingly “safe” deals.
Legal Tips:
- Conduct thorough pre-merger antitrust risk assessments.
- Prepare robust documentation justifying pro-competitive benefits.
- Engage counsel early to avoid costly surprises.
Key Takeaway:
The antitrust bar has been raised—plan for it, or risk your deal falling apart.