Press release: “Presenting Federal Trade Commission testimony today before the U.S. House of Representatives Committee on the Judiciarys Task Force on Antitrust and Competition Policy, Chairman Deborah Platt Majoras provided an overview of the FTCs recent antitrust enforcement activities. Since the beginning of 2007, the Commission has had to be especially resourceful, as the number of premerger filings grew to 1,967, a 23 percent increase from the same time period of fiscal year 2006, and the number of requests for additional information also increased, reflecting a corresponding increase in investigative activity. The Commissions merger enforcement actions also have increased, with 21 mergers in the past 11 months in which the FTC has brought actions to preserve competition, or in which the parties have abandoned mergers that were of anticompetitive concern….in FY 2007, the FTC brought 12 nonmerger enforcement actions.”
Sorry, comments are closed for this post.