Federal Trade Commission Chairman Andrew Ferguson announced that the commission would retain the same merger guidelines established in 2023 under the Biden administration.
The guidelines were updated in 2023 under Biden-era FTC Chairwoman Lina Khan and had a more aggressive approach to antitrust in their guidance for companies when considering mergers. The FTC, now led by Ferguson, said on Tuesday that the 2023 guidelines for mergers are “in effect and will serve as the framework for the FTC’s merger-review analysis.”
“Stability is good for the enforcement agencies. The wholesale rescission and reworking of guidelines is time consuming and expensive,” Ferguson said in a statement.
“We should undertake this process sparingly. We have limited resources to patrol the beat and constant turnover undermines agency credibility,” he added.
In a memorandum sent…