US Senator Warren asks FTC Chair Khan to report on findings in Northrop-Orbital investigation
( July 16, 2021, 21:30 GMT | Official Statement) -- MLex Summary: US Senator Elizabeth Warren wrote a letter to US Federal Trade Commission Chair Lina Khan saying she is concerned about the "monopolistic behavior of firms in the defense industry" and asking the regulator to report on the FTC's investigation of what Warren referred to as the "failure of the behavioral remedy" in the Northrop Grumman-Orbital ATK merger and to take those findings into consideration when deciding whether to approve similar vertical transactions, including the Lockheed Martin-Aerojet Rocketdyne deal.See document below....
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