Majoras Before the Antitrust Task Force of the Committee on the Judiciary, United States House of Representatives

Posted by D. Daniel Sokol

Today, Chairman Majoras of the FTC provided U.S. House with overview of recent Antitrust activities.  Some highlights from her statement include:

"Through 11 months of fiscal year 2007, the agencies have received 1967 premerger filings, an increase of 23 percent from the same time period of fiscal year 2006... Thus far in fiscal year 2007, there have been 21 mergers in which the Commission brought merger enforcement actions to preserve competition or the parties abandoned proposed mergers after Commission staff expressed concerns about anticompetitive harm."

Issues covereed included: health care, energy, real estate, technology and defense, retail and other industries, merger review process improvements, competition advocacy, amicus briefs, hearings, conferences, workshops, reports, international coordination and technical assistance, and outreach innitiatives.