TPA Comments on Proposed Guidelines for the Evaluation of Mergers and Acquisitions

Today, the Taxpayers Protection Alliance (TPA) submitted comments to the Department of Justice and Federal Trade Commission on the agencies’ joint proposed guidelines for the evaluation of mergers and acquisitions. While these guidelines do not carry the force of law in terms of whether or not a deal violates antitrust law, they do indicate the agencies’ departure from long-accepted standards, based on consumer welfare, in terms of which transactions will face scrutiny. TPA urges the agencies against this stringent new approach, cautioning that the proposed guidelines will significantly deter investment, innovation, and ultimately new competition.

TPA’s comments can be found below and here.