The US DoJ and FTC issue new merger guidelines suggesting increased focus on deals in high tech and pharmaceutical sectors

New U.S. Merger Guidelines Suggest Increased Focus on Deals in High Tech and Pharmaceutical Sectors* In August 2010, the U.S. antitrust agencies released the final version of their revised Horizontal Merger Guidelines, which they use to analyze the competitive implications of mergers between competitors. Whereas the prior (1992) version of the Guidelines had sought to provide a precise, step by step framework for analyzing horizontal mergers — centered around defining a “relevant market” and measuring market concentration — the new Guidelines embody a much more flexible approach. The new Guidelines place less emphasis on market definition and can be likened to a “tool box” of techniques for analyzing the competitive implications of horizontal mergers. The new analytical approach has

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  • Gibson Dunn (New York)

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Eric Stock, The US DoJ and FTC issue new merger guidelines suggesting increased focus on deals in high tech and pharmaceutical sectors, 19 August 2010, e-Competitions Bulletin US Mergers in IT, Art. N° 35061

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