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For the past quarter-century, federal antitrust agencies have focused their efforts almost entirely on enjoining proposed, rather than consummated, mergers. Yet in the past three years the Federal Trade Commission has reversed course. The most difficult issue in dealing with completed mergers is that of appropriate remedies. If the remedy is too harsh, will valuable assets be destroyed? If the remedy is too cautious, will it have a curative effect at all?
December 15, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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