A Suggested Revision of the 2020 Vertical Merger Guidelines (Version: 31 December 2021)

24 Pages Posted: 6 May 2021 Last revised: 14 Feb 2022

See all articles by Steven C. Salop

Steven C. Salop

Georgetown University Law Center

Date Written: May 2, 2021

Abstract

The DOJ/ FTC Vertical Merger Guidelines (VMGs) were adopted by the FTC in June 2020 by a party-line 3-2 party line over the dissent of the Acting Chair. They were withdrawn by the FTC in September 2021. Withdrawal was appropriate because the VMGs are both incomplete and overly permissible. Revision is necessary. This Suggested Revision can aid that process.

Keywords: mergers, vertical mergers, guidelines, federal trade commission, FTC

JEL Classification: K00

Suggested Citation

Salop, Steven C., A Suggested Revision of the 2020 Vertical Merger Guidelines (Version: 31 December 2021) (May 2, 2021). Available at SSRN: https://ssrn.com/abstract=3839768 or http://dx.doi.org/10.2139/ssrn.3839768

Steven C. Salop (Contact Author)

Georgetown University Law Center ( email )

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