Sen. Herb Kohl, D-Wis., the chairman of the Senate Antitrust Subcommittee, introduced legislation on Wednesday that would make it harder for gasoline mergers to win antitrust approval. The Oil Industry Merger Antitrust Enforcement Act would change the current review process by demanding proof from merging parties that their transaction will not harm competition and allow the Federal Trade Commission and Justice Department to block proposed mergers that do.
Popularity: 10% [?]
Posted on Friday, March 16th, 2007. Filed under: Business Law, Law Misc
You can leave a response, or trackback from your own site.