Deputy Assistant Attorney General Kades' speech is a reminder of the need for greater focus on compliance with the antitrust laws as the Biden administration continues to expand antitrust enforcement.
In its press release announcing the abandonment of the deal, the DOJ said that it was particularly concerned about the close relationship among the Chinese entities. Specifically, the DOJ noted that the transaction would have consolidated over 90 percent of the insulated container box and refrigerated shipping container production in Chinese state-owned or state-controlled entities and "would have substantially increased the risk of coordination among the remaining suppliers in the…
Assistant Attorney General Kanter's speech reiterates the Biden administration's intention to move away from the consumer welfare standard in favor of pursuing competition enforcement policies that further broader goals.
While AAG Kanter's remarks were focused on digital markets (e.g., fintech), he and FTC Chair Khan have a host of new enforcement policies that reach beyond digital markets. It is important that in-house counsel not confine their advice to precedent and provide practical guidance that reflects the new administration's views as to the role of antitrust.
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Deputy Assistant Attorney General Kades' speech is a reminder of the need for greater focus on compliance with the antitrust laws as the Biden administration continues to expand antitrust enforcement.
In its press release announcing the abandonment of the deal, the DOJ said that it was particularly concerned about the close relationship among the Chinese entities. Specifically, the DOJ noted that the transaction would have consolidated over 90 percent of the insulated container box and refrigerated shipping container production in Chinese state-owned or state-controlled entities and "would have substantially increased the risk of coordination among the remaining suppliers in the…
Assistant Attorney General Kanter's speech reiterates the Biden administration's intention to move away from the consumer welfare standard in favor of pursuing competition enforcement policies that further broader goals.
While AAG Kanter's remarks were focused on digital markets (e.g., fintech), he and FTC Chair Khan have a host of new enforcement policies that reach beyond digital markets. It is important that in-house counsel not confine their advice to precedent and provide practical guidance that reflects the new administration's views as to the role of antitrust.