Deals
FTC Warns Companies Merger Reviews May Be Extended
- Antitrust officials seeing the most merger filings in decades
- FTC to send letters explaining deals face longer probes
The U.S. Federal Trade Commission headquarters in Washington, D.C.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The Federal Trade Commission has begun to warn some companies awaiting merger approval that their deals face further investigation and may be challenged even after an initial review period expires.
Citing a “tidal wave” of merger filings that are straining its resources, the antitrust agency said Tuesday that it’s telling companies doing deals that can’t be fully reviewed within the 30-day waiting period that the investigations remain open.