Thou shalt not merge: The Tipline for 19 July 2023

After an arduous expedition to Mount Sinai, the US antitrust agencies have returned with new merger guidelines – or at least a draft version. The proposed charter sets 13 commandments for companies joining forces under the Clayton and Sherman Act. While previous iterations have been interpreted by practitioners and courts as a religious text, the document scribed by the Biden Administration is likely to face corporate backlash. Also in Tipline, Venable and Sidley Austin add to their ranks.