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Closeness of competition will itself be enough to bring merger challenges, US FTC’s Liu says

By Ben Brody and Flavia Fortes ( April 11, 2024, 19:50 GMT | Insight) -- Evidence that companies compete head to head and that a potential merger would eliminate that competition can be a reason in itself to find a merger unlawful, even if market figures suggest there aren’t high concentration levels, said Henry Liu, director of the Federal Trade Commission’s Bureau of Competition.Evidence that companies compete head to head and that a potential merger would eliminate that competition can be a reason in itself to find a merger unlawful, even if market figures suggest there aren’t high concentration levels, said Henry Liu, director of the Federal Trade Commission’s Bureau of Competition....

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