David Shaw spoke to Communications Daily about the possibility of Federal Trade Commission (FTC) Chair Linda Khan rescinding a 1995 policy statement on prior notice and prior approval remedies in transactions and how it could impact the tech industry.
David agreed rescission could affect innovation: most immediately, it could raise the cost of settling a merger investigation with the FTC because a company might agree to conditions “to get that particular deal done,” but not “want to give the FTC veto power over potential future deals.”
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