(Reuters) – The U.S. Federal Trade Commission said on Monday it is restoring its practice of routinely restricting future acquisitions for companies that pursue “anticompetitive mergers.”
A policy statement put the industry on notice that the agency has restored the practice of prohibiting acquisitive firms from merging again without FTC’s prior approval, the FTC said https://bit.ly/3bcQogt.
(Reporting by Kanishka Singh in Bengaluru; Editing by Leslie Adler)
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