President Biden Issues Wide-Ranging Competition Executive Order With Significant Implications for M&A Activity: The order directs a host of federal agencies to take a more interventionist role in regulating competition and preventing “unfair” business practices. Major agency rulemakings and policy changes are anticipated, that will lead to increased scrutiny of M&A activity and business practices in many industries, including banking, technology, telecommunications, transportation, and healthcare.

Sullivan & Cromwell LLP - July 12, 2021
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Competition Executive Order directs a host of federal agencies to take a more interventionist role in regulating competition and preventing “unfair” business practices.  Major agency rulemakings and policy changes are anticipated, likely leading to increased scrutiny of M&A activity and business practices in many industries, including banking, technology, telecommunications, transportation, and healthcare.

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