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Britain refers Sainsbury's-Asda merger for in-depth review

  • 📰 Reuters
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  • News: 4%
  • Publisher: 97%

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Britain's competition regulator referred Sainsbury's 7.3 billion-pound...

 

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Antitrust Chief Vows to Cut Merger Review TimeThe Justice Department’s antitrust chief is pledging to significantly cut the length of time it takes to review proposed mergers, amid complaints from companies that the regulatory clearance process has become painfully slow. It's absolutely comical how long the DoJ takes to complete its reviews - nothing will change Not smart given our weakly regulated investment markets already create easy access to foreign investors. Chinese gov is well versed in using NYSE & venture capital firms to gain monopolies here. Speed in corporations lead to bankrupcy & acquisition. Not good for US government.
Source: WSJ - 🏆 98. / 63 Read more »