New FTC Guidelines Take Aim at “Illegal Mergers” Enabled by Reagan-Era Policy

The Biden administration on Wednesday unveiled fresh draft guidelines that advocates praised as a long-overdue update to merger policies established during the presidency of Ronald Reagan, who helped usher in the current era of corporate consolidation. The Federal Trade Commission, which released the new guidelines alongside the Department of Justice, said the draft rules aim to “better reflect…

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This post was originally published on Latest – Truthout.