FTC And DOJ Request Information On Serial Acquisitions And Roll-Up M&A Activity

In a rare move, the federal antitrust enforcement agencies, the Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ), have issued a joint request for information seeking details from the public on serial acquisitions and roll-up strategies. These are consolidation strategies whereby a company seeks to increase its market power and possibly obtain a monopoly by acquiring multiple companies in the same or related industry through a series of acquisitions that fall under the federal premerger notification reporting thresholds. Parties interested in providing information, which can be anonymous, must make their submissions to the enforcement agencies by September 20, 2024.