The Trump administration maintains Biden's review guidelines for integration


The Ministry of Justice and FTC to maintain instructions for integration and integration operations in the Baiden era until further notice

The Trump administration said on Tuesday that it would continue to use it Strict guidance It was adopted by the administration of the former president Joe Biden To review the proposal Companies integration.

The decision to keep the guidelines – which they did not like on a large scale Companies Since their adoption in 2023 – it was detailed by Federal Trade Committee The Chairman of the Board Andrew Ferguson and a memo by Asifi, Acting Chairman Ministry of JusticeAnti -monopoly section.

The decision is a victory for the anti -companies populist wing in the Trump administration, embodied by Vice President JD Vance.

VANCE found a common ground frequently with the Biden's FTC chair Lina KhanWhich made the anti -monopoly application a focus of the agency's mission.

This advertisement is also a blow to the Wall Street, which was impatiently expected to increase the unification of companies under a light framework to assess the proposed merger.

US President Joe Biden will meet President -elect Donald Trump at the White House in Washington, the United States, November 13, 2024.

Kevin Lamark Reuters

More than dozens of criteria are more than dozens of criteria used by FTC and Doj to determine whether you are a wearing to prevent the merger.

It includes incorporations that do not increase in a very high -focused -focused market, not eliminating great competition between companies, and avoiding vertical mergers that create market structures that compete with competition.

“Stability is useful for enforcement agencies,” Ferguson said in a statement. “Canceling the sentence and reformulating the instructions is a long and expensive time.”

“We must perform this process little,” he said. “We have limited resources for patrols in winning and continuous rotation undermining the agency's credibility.”

In a post on social media, Ferguson said that the instructions of 2023 depend on previous guidelines and several decades of jurisdiction.

“This stability is important for enforcement agencies and the business community.”

“FTC has limited resources,” Ferguson wrote. He wrote: “Rewriting instructions after each elections will be expensive and take a long time. This will also destabilize stability. Enforcement agencies should avoid changing the sentence in guidelines with every new administration.”

“Otherwise, the guidelines will become valuable for companies and courts.”

Leave a Reply

Your email address will not be published. Required fields are marked *