Deals
Trump’s Antitrust Chief Is Committed to Merger Stance After AT&T, Source Says
- Delrahim said ‘I’ve taken an oath to uphold competition’
- Comcast bid for Fox may pose challenge to antitrust chief
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The head of the Justice Department’s antitrust division is sticking to his position about how to protect competition from mergers that may harm consumers despite suffering a bruising defeat this week, according to a person familiar with his thinking.
Makan Delrahim is maintaining his view that the Justice Department should require companies to sell assets to fix anticompetitive harm from deals like AT&T Inc.’s takeover of Time Warner Inc., said the person. In his view, that approach ensures markets determine the prices that consumers pay, the person said.