On December 12, 2002, the Federal Trade Commission’s Bureau of Competition announced the implementation of new guidelines for future merger investigations. The guidelines, which relate mostly to FTC Second Requests, emanate from Bureau-sponsored public workshops on best practices in merger review held over the last year. They are a positive first step towards improving the Second Request process, which has been long overdue for reform, but there is substantial room for more work. Indeed, the Bureau has stated that the guidelines are part of an ongoing process to improve the merger review process based on additional study, experience, and public feedback. The New Guidelines 1. Second Request Policy Changes and Clarifications. The guidelines change or clarify Bureau policy concerning
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The US FTC announces the implementation of new guidelines for future merger investigations relating mostly to FTC second requests
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