Every so often government agencies will release documents that provide candid insights into their thinking, and how they would unleash monumental change if unconstrained by law and financial resources.
A case in point is the Federal Trade Commission and U.S. Department of Justice’s July 19 issuance of Merger Guidelines, the fifth time since 1982 for such pronouncements.
The guidelines are overly broad and restrictive, omit discussion of the benefits that mergers often have to the U.S. economy, and do not discuss transactions between U.S. companies in the context of growing competition from China.
As such, the guidelines create uncertainty among businesses while providing no corresponding benefits to the American people.
Lexington Institute’s Paul Steidler discusses this here in an Op-Ed in RealClearMarkets.
Find Archived Articles: