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Biden administration unveils draft changes to US merger review guidelines | CNN Business

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The Justice Department and the Federal Trade Commission released a set of long-anticipated draft updates to the nation’s merger guidelines.

The proposed changes could lead to major shifts in how the US government identifies — and tries to block or alter — deals it believes are anticompetitive. The draft updates affect what legal experts have described as a non-binding yet authoritative regulatory bible, illustrating how US agencies are reframing their approach in an era of rising corporate consolidation.

” The first senior official confirmed that some of the US government’s current or recent cases already reflect the thinking outlined in the new draft document, though the official declined to name specific examples. Spurred by an executive order signed by President Joe Biden in 2021, Wednesday’s draft updates are the result of more than a year of development.

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