On December 6, 2017, Senator Elizabeth Warren sharply criticized the state of antitrust enforcement in a speech at the Open Markets Institute. She said that antitrust enforcers adopted the Chicago School principles, which narrowed the scope of the antitrust laws and allowed mega-mergers to proceed resulting in many concentrated industries. She believes that antitrust enforcers…
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On November 22, 2017, the FTC announced that retail fuel station and convenience store operator Alimentation Couche-Tard Inc. (“ACT”) agreed to divest three fuel stations in Alabama to settle FTC charges that ACT’s proposed acquisition of Jet-Pep, Inc. (“Jet-Pep”) would violate federal antitrust law. Under the terms of the deal, ACT will acquire ownership or…
Continue reading ›About a week before taking office, President-elect Trump had two high level meetings with CEOs of companies that are involved in significant acquisitions currently under antitrust review by the Department of Justice’s Antitrust Division. The meetings raise questions about the integrity and independence of the DOJ’s merger reviews going forward under a Trump administration. AT&T/Time…
Continue reading ›This is a new entry to test your Movable Type installation. We have installed Movable Type on your server and configured the paths for the initial weblog in the system per your request. Do not delete this weblog (“First Weblog”) unless you know what you are doing, because it is already configured for your server.…
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