The Justice Department announced today its withdrawal from the 1995 Bank Merger Guidelines and emphasized that the 2023 Merger Guidelines remain its sole and authoritative statement across all industries. The department today also released commentary explaining the application of the 2023 Merger Guidelines in banking. This commentary identifies competition issues that may commonly occur in
Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division, Commissioner Alvaro Bedoya of the Federal Trade Commission (FTC) and Commissioner Reiko Aoki of the Japan Fair Trade Commission (JFTC) met yesterday in Washington, D.C., to mark the 25th anniversary of the signing of an agreement between the United States and Japan concerning cooperation
An executive of a steel distributor in Carolina, Puerto Rico, pleaded guilty today to conspiring with competitors to fix prices for sales of reinforcing bar, or rebar. According to court documents filed in the U.S. District Court in San Juan, Edgardo Sola Colon (Sola), of Toa Alta, Puerto Rico, is the president of a steel
The Justice Department, Department of Labor (DOL), Federal Trade Commission (FTC) and National Labor Relations Board (NLRB) have signed an interagency memorandum of understanding (MOU) to further communication and coordination between the agencies to protect American workers and promote fair competition in labor markets. Acting Secretary of Labor Julie Su, Assistant Attorney General Jonathan Kanter
The Justice Department, together with the Attorneys General of North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington, filed a civil antitrust lawsuit today against RealPage Inc. for its unlawful scheme to decrease competition among landlords in apartment pricing and to monopolize the market for commercial revenue management software that landlords use to price
