No safe harbour for vertical mergers, FTC’s top economist says

Pallavi Guniganti

10 February 2020

No safe harbour for vertical mergers, FTC’s top economist says

Margaret Sanderson and Andrew Sweeting at GCR Live Miami 2020 (Credit: GCR Live / Freedom Film)

The new director of the Federal Trade Commission’s bureau of economics has denied that vertical merger guidelines drafted by the US antitrust agencies provide any “safe harbour” for deals where the companies’ market shares are less than 20%.