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

Lina Khan, then-nominee for Commissioner of the Federal Trade Commission (FTC), testifies on Capitol Hill in Washington, DC, on April 21, 2021, at a Senate Committee on Commerce, Science, and Transportation confirmation hearing. REUTERS/File Photo/Saul Loeb/Pool Reuters, WASHINGTON, July 9 – Lina Khan, the chair of the US Federal Trade Commission, and Richard Powers, the acting head of the US Justice Department’s Antitrust Division, announced on Friday that a review of merger standards would be launched soon to see if they are “overly permissive.” Diane Bartz contributed reporting, and Leslie Adler edited the piece. The Thomson Reuters Trust Principles are our standards./nRead More