President Biden signed Executive Order 14036, ‘Promoting Competition in the American Economy,’ on July 9, 2021, launching what the administration characterized as the most comprehensive federal effort to promote competition since the New Deal. The executive order directed over a dozen …
Joe BidenFederal Trade CommissionDepartment of JusticeWhite House Competition Councilantitrustbiden-administrationcompetitionregulatory-reformexecutive-order+1 more
The U.S. Department of Justice filed an antitrust lawsuit on February 26, 2004, seeking to block Oracle Corporation’s proposed hostile acquisition of PeopleSoft, alleging that the merger would substantially reduce competition in the enterprise software market and result in higher prices, less …
Department of JusticeOraclePeopleSoftLarry Ellisonantitrustoraclecorporate-consolidationdojcompetition
Reagan’s Antitrust Chief William Baxter released the Department of Justice’s 1982 Merger Guidelines, fundamentally transforming how the federal government evaluated mergers and effectively repealing Congressional antitrust statutes through administrative policy. The FTC simultaneously …
William F. BaxterDepartment of JusticeFederal Trade CommissionRonald Reaganantitrustregulatory-capturechicago-schoolmerger-guidelinescorporate-power+1 more
Congress passed the Celler-Kefauver Anti-Merger Act, championed by Representative Emanuel Celler (D-NY) and Senator Estes Kefauver (D-TN), fundamentally strengthening the Clayton Antitrust Act of 1914 and giving the government powerful new tools to prevent anticompetitive mergers. The Act closed …
U.S. CongressRepresentative Emanuel CellerSenator Estes KefauverHarry TrumanFederal Trade Commissionantitrustmerger-enforcementcorporate-powercompetitioncold-war