Wachtell Lipton Discusses U.S. M&A Antitrust Enforcement for 2019 and the Year Ahead

In a year of robust M&A activity, the U.S. antitrust agencies investigated and challenged transactions in many sectors of the economy.  The Federal Trade Commission and the U.S. Department of Justice initiated court challenges to block four proposed transactions and required remedies in 17 more.  Companies also abandoned five transactions due to antitrust agency opposition, including three transactions abandoned shortly after the agency filed its court challenge.  In addition, a coalition of state attorneys general challenged in federal court the merger of T-Mobile and Sprint, a transaction cleared, with the imposition of conditions, by the DOJ and the Federal Communications … Read more