That’s what the Wall Street Journal reports, citing data from the FTC and DOJ, reflecting that the antitrust agencies challenged 2.9% of mergers reviewed between 2009 and 2014, vs. 2.61% that they challenged between 2001 and 2008. Antitrust enforcers are “not stepping up enforcement,” said Diana Moss, president of the American Antitrust Institute, an independent, non-profit research group.
Ummm . . . . did anything happen starting around the end of 2008 that might have caused a decline in mergers, or prompt a less vigilant approach to merger enforcement? Maybe something in the general economy?