The Federal Trade Commission (“FTC”) filed suit yesterday to block Lockheed Martin Corporation’s proposed $4.4 billion acquisition of Aerojet Rocketdyne Holdings Inc., announced back in December 2020. Aerojet, the last...more
1/26/2022
/ Acquisition Agreements ,
Anti-Competitive ,
Antitrust Violations ,
Competition ,
Corporate Counsel ,
Defense Contracts ,
Defense Sector ,
Department of Defense (DOD) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Goods or Services ,
Lockheed Martin ,
Prime Contractor ,
Suppliers ,
Vertical Mergers
On July 9, 2021, President Biden issued an “Executive Order on Promoting Competition in the American Economy” (the “Order”). The Order responds to what the President characterizes as a “failed experiment” in lax antitrust...more
7/20/2021
/ Antitrust Division ,
Antitrust Provisions ,
Biden Administration ,
Competition ,
Critical Infrastructure Sectors ,
Enforcement Priorities ,
Executive Orders ,
Federal Procurement Systems ,
Federal Trade Commission (FTC) ,
Merger Controls ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Reform
In an extraordinary, perhaps unprecedented, action, parties to a proposed deal that had been under investigation for about nine months closed the transaction almost immediately upon expiration of the Hart-Scott-Rodino (“HSR”)...more