Originally Posted by
BunkerF16
You see the letter the Trump's DOJ sent out yesterday basically affirming their MnA policy? I suggest you read it before assuming the new adminstration is going to be significantly different than Biden's. So yes, the JB/NK ruling absolutely will have a bearing and will be used in any future DOJ lawsuit should they decide to attempt to block mergers that may come before them.
I actually saw it on a news roundup an hour after I wrote that reply… {sigh}
Still, we’ll see if the DOJ holds to that rhetoric. They were probably trying to keep the invite list in check for the giant M&A party everyone has been talking about. Every talking head on financial news has been talking like antitrust laws don’t exist anymore, the DOJ probably needed to issue a statement. And although they have stated they intend to keep their strict review guidelines their emphasis will be on protecting American jobs; notably they didn’t mention protecting American consumers. None of the potential airline M&A activity effects a significant amount of American jobs, wouldn’t you say?