December 19, 2023<\/p>\n
Media contact: National Consumers League \u2013 Melody Merin, melodym@nclnet.org, 202-207-2831<\/p>\n
This week, the Federal Trade Commission (FTC) and U.S. Department of Justice (DOJ) released their final merger guidelines<\/a>, describing how the agencies will review mergers and acquisitions.\u00a0The agencies improved upon existing guidelines by recentering marketplace competition and federal antitrust law, a break from previous\u00a0enforcement regimes that allowed waves of consolidation to occur economy-wide with few repercussions.<\/p>\n \u201cThe\u00a02023 Merger\u00a0Guidelines\u00a0mark a historic return toward these agencies\u2019\u00a0original mandates\u2014to protect the\u00a0public\u00a0from predatory corporations,\u201d said National Consumers League Chief Executive Officer Sally Greenberg.\u00a0\u201cDecades of rubber-stamping harmful deals have allowed anti-consumer and anti-worker practices to run wild.\u00a0NCL welcomes\u00a0the updated guidelines\u00a0and appreciates that\u00a0the Commission and Department have signaled an intention to examine proposed deals holistically. Strong enforcement of our antitrust laws is key to combatting price gouging, privacy violations, wage suppression, and other noxious practices.\u201d<\/p>\n NCL strongly supports the application of antitrust laws to protect consumers, workers, and our democracy. NCL\u2019s comments to the DOJ and FTC on the 2023 Merger Guidelines can be found here<\/a>.<\/p>\n ###<\/p>\n About the National Consumers League (NCL)<\/strong><\/p>\n The National Consumers League, founded in 1899, is America\u2019s pioneer consumer organization.\u00a0 Our mission is to protect and promote social and economic justice for consumers and workers in the United States and abroad.\u00a0 For more information, visit nclnet.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" This week, the Federal Trade Commission (FTC) and U.S. Department of Justice (DOJ) released their final merger guidelines, describing how the agencies will review mergers and acquisitions.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false},"categories":[14,315,458],"tags":[474,330],"acf":[],"_links":{"self":[{"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/posts\/26963"}],"collection":[{"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/comments?post=26963"}],"version-history":[{"count":7,"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/posts\/26963\/revisions"}],"predecessor-version":[{"id":27501,"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/posts\/26963\/revisions\/27501"}],"wp:attachment":[{"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/media?parent=26963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/categories?post=26963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nclnet.org\/wp-json\/wp\/v2\/tags?post=26963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}