Under Biden, antitrust agencies saw 69 deals abandoned after a merger probe
By Flavia Fortes and Wesley Brown ( December 17, 2024, 20:55 GMT | Insight) -- Sixty-nine mergers have been scrapped after the initiation of investigations by the US Department of Justice and the Federal Trade Commission, MLex has learned. Twenty-six deals under DOJ scrutiny have been abandoned since Jonathan Kanter took over the DOJ's Antitrust Division in December 2021. Forty-three deals under review by the FTC were called off since June 2021, when Lina Khan took office. Sixty-nine proposed business mergers have been scrapped after the initiation of investigations by the US Department of Justice and the Federal Trade Commission, MLex has learned....
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