Dear Readers,
This Chronicle focuses on the U.S. antitrust authorities’ evolving approach to consent decrees as a means to resolve merger investigations. Recent years have seen rapid policy and practice changes at both the Federal Trade Commission (“FTC”) and the Antitrust Division of the United States Department of Justice (“DOJ”). Parties seeking to enter a settlement with the agencies have encountered new (and unfamiliar) policies in seeking merger approval. The pieces in this Chron
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