FTC To Issue Second Federal Register Notice for Merger Remedy Study; Clearance From OMB Requested
The FTC is issuing a second Federal Register notice for its “proposal to study the effectiveness of the Commission’s orders in merger cases where it required a divestiture or other remedy and is seeking clearance from the Office of Management…
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and Budget to conduct the study,” the agency said in a news release Wednesday. The FTC’s proposed study would focus on merger orders the FTC issued between 2006 and 2012 and evaluate "orders that required divestiture, as well as those that required non-structural relief to remedy anticompetitive effects,” the release said. The FTC’s proposed review of about 90 orders would be used to update and expand on a study the commission issued in 1999, it said. Additional public comments will be accepted until 30 days after the notice is published, the release said. The vote to approve the second Federal Register notice was 5-0.