Antitrust enforcers have released proposed new guidelines describing how they approach mergers between rivals, with a range of experts describing the revisions as providing greater clarity and giving officials more discretion, Reuters reported.
The stated goal of the 34-page guidelines — which can be found at www.ftc.gov — is to update the merger guidelines to ensure they reflect the current review process.
The revision was done jointly by the Justice Department and Federal Trade Commission, which divide the work of antitrust enforcement, the news service said.
“Eighteen years have passed since the Horizontal Merger Guidelines were revised. During that time the agencies’ approach has evolved significantly, and the guidelines should reflect that,” said F.T.C. Chairman Jon Leibowitz in a statement.
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