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Wednesday, April 28, 2021
With antitrust enforcement of the technology sector making headlines daily, and as lawmakers focus on strengthening and potentially reforming antitrust laws as a tool to regulate the tech industry, we anticipate a significant increase in scrutiny by US federal antitrust authorities of vertical mergers,
[1] including merger of complements and so-called “diagonal mergers” in the technology sector.  Notwithstanding the current challenges of vertical merger enforcement,
[2] on June 30, 2020, the Federal Trade Commission (“FTC”) and the Department of Justice (“DOJ”) issued guidelines (the “Vertical Merger Guidelines”)
[3] describing the practices, techniques and enforcement policies the agencies use to evaluate vertical mergers, and on December 22, 2020, the FTC issued additional guidance on Vertical Merger Enforcement (the “Commentary”). ....

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