Centre doesn't hold: The Tipline for 20 September 2017

The big antitrust news yesterday was not so much that the Federal Trade Commission is allowing the timing agreement for Walgreens' slimmed-down acquisition of Rite Aid stores to end without taking action; from what we hear, the companies' new strategy was just to ask the agency, "What locations are you OK with?" However, Democratic appointee Terrell McSweeny issued a statement of disagreement, indicating that the two commissioners split on this outcome - which runs contrary to the predictions of former agency heads at a recent GCR Live.

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