The second Trump Administration is clearly pivoting away from the Biden era’s ‘all or nothing’ posture regarding merger remedies. This shift has profound implications for parties to strategic transactions. Among the many key features of merger remedies are the legal mechanisms that the US Federal Trade Commission (FTC) and the Department of Justice (DOJ) Antitrust Division typically use to enforce consent orders. Parties need to maintain a keen awareness of such mechanisms, given they can carry significant burdens and obligations.

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United States: antitrust enforcement takes centre stage as Trump administration shifts focus on merger remedies