The US FTC conditionally approves a vertical merger in the defence industry subject to behavioural remedies (Northrop Grumman / Orbital ATK)

Aerospace & Defense Series: Behavioral Remedies Remain a Viable Solution for Vertical Mergers in the Defense Industry* Summary The recent FTC decision in the Northrop Grumman / Orbital ATK matter has shed light on the agency’s vertical merger enforcement policy and outlined a path to antitrust merger clearance for the Aerospace and Defense industry. The FTC’s June 5 consent decree shows behavioral remedies remain a viable solution if the parties can prove both that the DoD would benefit from the transaction and that those benefits would be lost if the agency required a divestiture. In Depth A recent decision at the US Federal Trade Commission (FTC) has shed light on the agency’s vertical merger enforcement policy and outlined a path to antitrust merger clearance for the Aerospace

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Auteur

  • McDermott Will & Emery (Washington)

Citation

Jon B. Dubrow, The US FTC conditionally approves a vertical merger in the defence industry subject to behavioural remedies (Northrop Grumman / Orbital ATK), 5 juin 2018, Bulletin e-Competitions June 2018, Art. N° 88785

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