Press Releases

Watchdog: Updated DOJ And FDIC Bank Merger Guidance Should Be Immediately Applied to Capital One-Discover Merger

Economic Security and Corporate Power
September 17, 2024

Today, the U.S. Justice Department (DOJ) moved to modernize and strengthen its antitrust guidance involving banking mergers by subjecting the industry to the same 2023 Merger Guidelines the DOJ uses for other industries, rather than badly outdated bank merger guidance from nearly 30 years ago.

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