Antitrust Risks in M&A Transactions

Earlier this month, Steve Camahort, Lisl Dunlop, Mike Kennedy and I gave a CLE presentation in the Bay Area addressing the three aspects of dealing with M&A antitrust risks at the beginning of a deal:

• Assessing the substantive risk
• Predicting the possible reviewing agency demands for remedies
• Allocating the antitrust risks in the purchase agreement
   

The deck we used is self-contained and may be viewed here.

Dale Collins
+1.212.848.412
dale.collins@shearman.com

Resources:
DOJ/FTC Horizontal Merger Guidelines (rev. Aug. 19, 2010)
DOJ/FTC Commentary on the Merger Guidelines (2006)
FTC Competition Enforcement Database
FTC Horizontal Merger Investigation Data, Fiscal Years 1996-2007
FTC Staff Statement on Negotiating Merger Remedies
FTC FAQs about Merger Consent Order Provisions
Strategic Deals Require Strategic Thinking: Antitrust Provisions to Consider in Negotiated Transactions
Examples of M&A antitrust risk-shifting provisions

Downloads:
Peter D. Lyons, Beau W. Buffier & Jessica K. Delbaum, Strategic Deals Require Strategic Thinking: Antitrust Provisions to Consider in Negotiated Transactions, M&A Lawyer, February 2010.
Sample Antitrust Risk-Shifting Provisions in M&A Transactions

Categories: EU Mergers, US Mergers