Last week, the U.S. Department of Justice ("DOJ") and Federal Trade Commission ("FTC") issued draft Vertical Merger Guidelines. Vertical mergers combine two or more companies operating at different levels of a supply chain for a related product, e.g., windshields and cars. This is the first revision to outdated vertical merger guidelines in more than 35 years, and follows DOJ's failed attempt to
The US Doj and FTC issue draft vertical merger guidelines
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