Share on LinkedInShare on LinkedIn

ARTICLE · 23 SEPTEMBER 2020

DOJ Merger Remedies Manual Emphasizes Structural Remedies

Arnold & Porter
Arnold & Porter
Contributor
Arnold & Porter

Arnold & Porter

With over 1,000 lawyers across 16 offices worldwide, Arnold & Porter is renowned for its...

View firm profile
Explore more from Arnold & Porter

On September 3, 2020, the Department of Justice Antitrust Division (the Division) published a Merger Remedies Manual (Remedies Manual), with an updated policy framework for the structuring...

United StatesAntitrust/Competition Law

On September 3, 2020, the Department of Justice Antitrust Division (the Division) published a Merger Remedies Manual (Remedies Manual), with an updated policy framework for the structuring and implementation of remedies in proposed mergers that the Division has determined may substantially lessen competition. Among other changes, the Remedies Manual formalizes the Division's recent emphasis on structural remedies, such as divestitures, and rejection of conduct remedies as inappropriate except in narrow circumstances. The Remedies Manual emphasizes that structural remedies are preferred because "they are clean and certain, effective, and avoid ongoing government regulation of the market."1 Consequently, the Division will accept a stand-alone conduct remedy, in vertical as well as horizontal mergers, only when the parties can satisfy a new and stringent four-part test.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from