Publication
Ireland
On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.
Author:
Global | Publication | July 2023
On July 19, 2023, the Federal Trade Commission (FTC) and Department of Justice Antitrust Division (DOJ) (together, Agencies) published for public comment the draft of their updated Merger Guidelines (Guidelines). The new Guidelines closely describe current Agency practice including novel theories of harm that the Agencies have advanced in investigations and in courts under the current administration.
The Guidelines amend, replace and consolidate the Horizontal Merger Guidelines published in 2010 and the Vertical Merger Guidelines published in 2020. The Guidelines and their predecessors are not legally binding but historically provided some predictability to the private bar and merging parties when evaluating the antitrust risk of proposed transactions.
The new Guidelines place an emphasis on transactions that tend to create a monopoly, advance new theories of harm relating to competition in labor markets and codify aggressive new thresholds for what transactions the Agencies view as presumptively illegal.
The new Merger Guidelines are subject to a 60-day public comment period, closing on September 18, 2023.
We continue to analyze the proposed Guidelines and are happy to discuss their impact on your business. Specifically, we are evaluating the potential impact of these on certain industries. If you would like to be notified of our future commentary on the proposed guidelines, please click here to choose from a list of subject matter areas.
Please join us for a Competitive edge: Quick take webinar on the New Merger Guidelines on Tuesday, August 1, at 11:00 am Eastern.
Publication
On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.
Publication
In recent years, rapid developments in AI systems and technologies have transformed AI from a futuristic concept into an integral part of business strategy.
Publication
The European Commission (EC) is contemplating a revision of the procedural framework for antitrust investigations that is laid down in Regulation 1/2003 and Regulation 773/2004 (together, the “Regulations”).
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