The House Judiciary Committee Again Approves Legislation to Align FTC and DOJ Merger Reviews
On April 5, 2017, the U.S. House Judiciary Committee again approved legislation to harmonize merger review processes and standards, regardless of whether the U.S. Department of Justice (“DOJ”) or Federal Trade Commission (“FTC”) conducts the review. Among other changes, the legislation would prevent the FTC from challenging unconsummated mergers through administrative adjudication, and it would require the FTC to meet the traditional preliminary injunction standard rather than a more relaxed standard to block a proposed merger.