Bloomberg Law
June 15, 2017, 1:24 PM UTC

FTC Attributes Merger Review Delays to Companies

By Alexei Alexis, Bloomberg BNA

The time it takes antitrust regulators to review tie-ups is “largely” in the hands of the merging parties, the Federal Trade Commission’s top antitrust official told Bloomberg BNA.

Tad Lipsky, the FTC’s acting competition bureau chief, was responding to statements from the business community that merger reviews are too often being held up by the government’s slow process.

Antitrust attorneys are counseling merging parties to expect lengthy reviews from federal agencies, which is raising alarms in the business community. At the same time, both the FTC and the Justice Department will lose staff if President ...

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