U.S. federal antitrust authorities announced they will expedite joint venture reviews for cases involving efforts to stop the spread of the new coronavirus.
While mergers and conduct reviews can typically take months, the Federal Trade Commission and the Antitrust Division of the Department of Justice said in a joint statement Tuesday they "will aim to respond expeditiously to all COVID-19-related requests, and to resolve those addressing public health and safety within seven calendar days of receiving all necessary information."
The agencies said they would continue to crack down on firms that attempted to exploit the crisis by price gouging, cutting wages, reducing output or quality, as well as through criminal violations. Makan Delrahim, U.S. assistant attorney general for the antitrust division and Joe Simon, Chairman of the FTC.U.S. federal antitrust authorities announced they will expedite joint venture reviews for cases involving efforts to stop the spread of the new coronavirus.
While such reviews can typically take months, the Federal Trade Commission and the Antitrust Division of the Department of Justice said in a
What does that have to do with current crisis? shows how broken this system is.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus crisis to cost Germany 255-729 billion euros in 2020: IfoThe coronavirus crisis could cost the German economy between 255 billion and 729... WEll no, the virus will do no such thing, there is not enough of it to count
Source: Reuters - 🏆 2. / 97 Read more »
L.A. restaurants and the unprecedented state of thingsRestaurants need emergency relief funds to make it through the coronavirus crisis
Source: latimesfood - 🏆 699. / 51 Read more »
Hit by Coronavirus, Amtrak Banks on Billion-Dollar Bailout to Stay AfloatThe coronavirus crisis has crushed the finances of Amtrak, and the national railroad is now banking on a $1 billion bailout from Congress to stay afloat. ChineseVirus Strange that Republicans would agree to a $1 billion bailout. Thought Republicans were in favor of free market? Shouldn't they be forced to file for bankruptcy? 1 billion compared to Airlines ?
Source: WSJ - 🏆 98. / 63 Read more »
Taylor Swift Says This Is What That Leaked Kanye West Phone Call ProvesThe superstar also used her 'response' to urge her fans to donate amid coronavirus crisis. taylor swift tslove1389 Class Quenn ❤👑 What an incredible woman. 👏🏼👏🏼👏🏼👏🏼 TaylorSwift TaylorToldTheTruth KanyeWestlsOverParty KimKardashianIsOverParty
Source: billboard - 🏆 112. / 63 Read more »
Disney+ Goes Live In Europe, Providing Some Balm During The Coronavirus CrisisDisney+ has officially launched in the UK, Ireland, Germany, Italy, Spain, Austria, and Switzerland, with France joining the party on April 7 to help ease internet congestion. The streaming service… WHO CARES, DOESNT HAVE ENOUGH ORIGINAL CONTENT DISNEY PLUS IS SHIT. No! We were supposed to have it today but French gouvernent asked Disney to release it in April 😭😭😭 But with reduced bandwidth...
Source: DEADLINE - 🏆 109. / 63 Read more »