Antitrust Agencies Set Sights on Labor: New Task Force Aims to Combat Wage Suppression in Mergers
Washington, D.C. – The heads of the U.S. Department of Justice Antitrust Division and the Federal Trade Commission (FTC) are now faced with the challenge of addressing the implications of corporate mergers on labor conditions. In the wake of the 2023 Merger Guidelines, which remain unchanged under the new Republican leadership, the agencies appear to be edging toward a more labor-focused approach in their review processes. FTC Chair Andrew Ferguson has made headlines by establishing a task force aimed at identifying anticompetitive practices that adversely impact workers. In a memo, Ferguson underlined that antitrust laws … Read more