In response to the FTC and DOJ's Request for Information on modernizing enforcement of the antitrust laws regarding mergers, industry groups raised concerns about incorporating the "common ownership hypothesis" into the guidelines and faulty built-in assumptions underlying mergers.
A CEO of a bank holding corporation settled FTC charges for violations of the notice and waiting period requirements under the Hart-Scott-Rodino Act.
Director of the FTC Office of Policy Planning Bilal Sayyed stated that the agency is conducting an analysis of the economic literature on common ownerships in firms that should act as competitors.
Two Japanese corporations agreed to settle FTC charges for violating the premerger notification and waiting period requirements under the Hart-Scott-Rodino Act.
In an address on the application of antitrust laws to the financial sector, DOJ Assistant Attorney General Makan Delrahim stated that theories concerning the common ownership debate and institutional investors must be "rooted in theories of harm."