Trump administration said on Tuesday it will continue to use it Strict guidelines Adopted by the former presidential administration Joe Biden Review proposal Company merger.
Decision to retain the guidelines – This guidelines are widely disliked company – exist Ministry of Justice Memorandums and statements Federal Trade Commission Chairman Andrew Ferguson.
The decision was a victory for the Trump administration’s populism, anti-corporate faction, embodied by Vice President JD Vance.
Vance often finds common ground with Biden’s FTC chair Lina Khanhe made antitrust enforcement the core of the agency’s mission.
“Recent public comments raised the question of whether the Antitrust Division will abandon the 2023 merger guide,” Omeed Assefi, acting assistant attorney general of the Department of Justice’s Antitrust Division.
However, “the antitrust division will continue to use the 2023 merger guidelines until further notice.”
US President Joe Biden met with President-elect Donald Trump at the Oval Office of the White House in Washington, USA on November 13, 2024.
Kevin Lamarque | Reuters
“Today, I inform employees that the 2023 FTC and the Department of Justice’s 2023 merger guide is effective and will serve as a framework for our agency merger review analysis,” Ferguson wrote in his tweet.
“These guidelines are based on previous guidelines and decades of case law,” Ferguson wrote. “This stability is important for law enforcement agencies and the business community.”
Ferguson also wrote: “The FTC has limited resources.”
“Rewriting guidelines after each election will be expensive and time-consuming. It will also be unstable. Law enforcement agencies should avoid changing guidelines on the wholesale of guidelines for every new government,” he wrote.
“Otherwise, these guidelines will have nothing to the business and the courts.
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