Tag Archives: Joel Mitnick

Justice Department Revises Merger Remedies Guidelines

by Joel Mitnick and Ngoc Pham Hulbig

On September 3, 2020, the Department of Justice (“DOJ”) issued a revised Merger Remedies Manual (PDF: 312 KB), which sets forth the Division’s framework for implementing remedies to resolve antitrust concerns in merger cases. The new manual updates DOJ’s guidelines for merger remedies for the first time in nearly a decade and reaffirms the Division’s strong preference for structural relief. The Division’s 2004 Policy Guide to Merger Remedies (PDF: 367 KB) noted that “structural remedies are preferred to conduct remedies in merger cases because they are relatively clean and certain, and generally avoid costly government entanglement in the market.” DOJ eliminated the absolute preference for structural rather than conduct remedies when it issued its 2011 Policy Guidelines to Merger Remedies (PDF: 202 KB), noting that different types of mergers present “different competitive issues and, as a result, different remedial challenges.” However, the Division withdrew the 2011 guidelines (PDF: 83.4 KB) in 2018 and reinstated the 2004 guidelines, indicating a return to its preference for structural remedies. The new 2020 guidelines firmly codify that preference with even stricter language in some cases.

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State Attorneys General Jolt Antitrust Enforcement

by Joel Mitnick, Douglas Gansler, and Monica Martin

Cadwalader Expands AG Practice

Over the past year, State Attorneys General have stepped into what they describe as a void of antitrust enforcement at the federal level.  AGs have commenced investigations and brought antitrust actions across industry segments, including financial services, healthcare, telecommunications, technology and others.  The substance of the actions cover the waterfront of antitrust including price-fixing, merger enforcement and unfair trade practices. 

In this Clients & Friends Memo, we survey some of these high profile recent AG actions. Continue reading