Finance

Recent antitrust proposals add friction to M&A at wrong time

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Senator Amy Klobuchar speaks at the Democratic 2020 U.S. presidential candidates debate at Saint Anselm College in Manchester, New Hampshire, U.S., February 7, 2020.

Brian Snyder | Reuters

There is growing hostility to mergers and acquisitions (M&A) among an increasing number of policymakers in Washington, D.C.

Last year, some in Congress called for a merger moratorium banning all M&A during the pandemic. Then, in a surprise announcement, the FTC — over the objection of two commissioners — said it would no longer quickly approve the vast majority of transactions notified to the government that cannot plausibly reduce competition. Most recently, Senator Amy Klobuchar, D-Minn.,…



Source cnbc.com

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