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The Federal Trade Commission (FTC) under Chairman Andrew Ferguson is shifting its approach to merger and acquisition (M&A) regulation, signaling a move towards less intervention. Ferguson stated that the FTC will no longer use sub-regulatory means to delay mergers without legal action, emphasizing that if a deal is legal, the agency will allow businesses to proceed. He criticized the previous administration's approach, which he claims buried mergers in bureaucracy. The new stance aims to facilitate business operations while still addressing issues like fraud, monopolization, and collusion.
🚨🇺🇸 FTC CHAIR: WE’RE GETTING OUT OF THE WAY OF BUSINESS “The FTC’s job is not to regulate, but to stop fraud, monopolization, and collusion. If a deal is legal, we’ll let business do its thing. The agency under Biden buried mergers in bureaucracy—we’re ending that and… https://t.co/JNaGtw9IMh
Trump’s DOJ Antitrust Head Gets to Work https://t.co/cGPE5kEGgM | by @mcguirewoodsllp
Promising comments today from FTC chair Andrew Ferguson: "The FTC is not going to try to use sub-regulatory means to hold up mergers without actually taking people to court and hope that they die on the vine. That’s over. If we think it violates the laws, we’re going to… https://t.co/ZsUlm2HWLt
