Deals
Record M&A Boom Risks Running Afoul of Biden’s Antitrust Cops
- FTC chair warns enforcers should be more aggressive on deals
- Similar stance expected from Justice Department antitrust unit
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A runaway 2021 merger boom with almost $1 trillion of pending deals in the U.S. threatens to run headlong into the Biden administration’s new, tougher antitrust regime.
Federal Trade Commission Chair Lina Khan’s warning of a more aggressive stance to block deals, disclosed Thursday in a letter to Senator Elizabeth Warren, is the newest signal of a far more restrictive environment for mergers and acquisitions, according to lawyers and bankers.