THE LATEST: FTC Continues Focus On Improving Procedures For Evaluating Remedy Packages

WHAT HAPPENED

• The FTC posted a short article indicating that after finalizing a settlement package with FTC Staff, it takes approximately four weeks for the Directors of the Bureau of Competition and the Bureau of Economics (the Directors), as well as the Commission to review the Directors' recommendations and vote on the package.
• The FTC explained that an expedited review is unlikely, particularly when the parties' actions contributed to the timing concerns.
• The FTC provided a procedure for how parties seeking an expedited review should proceed, and outlining potential scenarios that would cause the FTC to look unfavorably upon the application–g., the parties caused their predicament. Expedited review is unlikely, for example, when: