that Delrahim and Attorney General William Barr abused antitrust enforcement to punish political opponents. The most important revelation was that they ordered burdensome informational demands to marijuana industry mergers that they had no intention of challenging under the antitrust laws.
None of this had been public, and it was shocking. So was the the deception with which Delrahim attempted to wave it away. Because federal merger review is bureaucratically opaque, his letter might strike many as pretty reasonable. The Justice Department must quickly review many large mergers, and Delrahim said his team needed to learn as much as it could of this new, idiosyncratic, and fast-growing industry.
His claims were facially absurd. The “second requests” he ordered to marijuana companies are extremely burdensome impositions reserved for a tiny fraction of the thousands of mergers reviewed every year. Because they impose extraordinary and expensive demands on the firms that receive them, they are not issued except with respect to deals that are very likely illegal.
More remarkable than what Delrahim said are the things he didn’t say. He didn’t dispute the whistleblower’s claim that DOJ staff were ordered not to interview customers and competitors of the firms under review—even though third-party interviews are bread and butter in merger investigations and are required by the agency’s—nor that, once the merging firms complied and delivered millions of pages of documents, the investigators didn’t really read them.
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.
'We have to reach an agreement': Dems, White House open to deal on COVID relief despite Trump's orders'We've got to meet halfway. We've got to do the best we can for the American people. But what they're putting forth does not meet that standard,' House Speaker Nancy Pelosi said. Nancy and Congress and politicians on both sides have failed to lead. That's in part why this president got elected. Time to Dump all Republicans ...
Source: USATODAY - 🏆 100. / 63 Read more »
TikTok plans to sue Trump administration over ban as soon as Tuesday, report saysTikTok will file the federal lawsuit against the administration as soon as Tuesday, NPR reported, citing a person directly involved in the matter. LMAO But the teens made fun of me on TikTok! (And they saved lives in Tulsa. AmericanHeroes) lol good luck ... they have already been called out for spying
Source: CNBC - 🏆 12. / 72 Read more »
Report: TikTok to sue Trump admin over ban as early as Tuesday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Take that Drumpf! That will show him! Okay good luck
Source: BusinessInsider - 🏆 729. / 51 Read more »
TikTok Is Reportedly Suing the Trump AdministrationTikTok will reportedly be suing the Trump administration winning The audacity of the commie government of china AS THEY SHOULD💅🏻💅🏻
Source: NYMag - 🏆 111. / 63 Read more »
TikTok is planning to sue the Trump administration as early as Tuesday, according to a reportTikTok will file a federal lawsuit in the U.S. District Court for the Southern District of California early next week, according to NPR.
Source: USATODAY - 🏆 100. / 63 Read more »
TikTok to sue Trump administration over ban, report saysTikTok plans to file a lawsuit over President Trump’s executive order banning the video-sharing service from the U.S., National Public Radio reported. Block Trump! The Chinese Communist Party has so far refused the inflow of a large number of overseas apps. Is this legal?
Source: latimes - 🏆 11. / 82 Read more »