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Tag: Justice Department

US competition authorities send off upgrade of consolidation endorsement process

US competition authorities send off upgrade of consolidation endorsement process

Public Finance
The FTC couldn't remark on the proposed Activision Blizzard consolidation explicitly, however man, talk about planning. On Tuesday, the Justice Department and Federal Trade Commission sent off a joint work to modernize antitrust implementation, looking for input on the way in which the organizations can apply current law in bodies of evidence against tech organizations like Meta (parent organization of Facebook) and Google. The declaration came at a joint public interview from FTC Chair Lina Khan and Justice Department Antitrust Chief Jonathan Kanter, who portrayed the move as a wide-going authorization modernization exertion. While the declaration traverses markets, it explicitly questions how controllers should move toward consolidation endorsement in advanced business sectors,...