Antitrust Final paper - The DOJ's jurisdiction stems from...

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The DOJ's jurisdiction stems from section 7 of the Clayton Act, which prohibits the acquisition of the whole or any part of the stock or assets of another corporation "where in any line of commerce in any section of the country, the effect of such acquisition may be substantially to lessen competition or to create a monopoly". < http://www.jstor.org/pss/1336520 > “The federal antitrust enforcement agency would have exclusive authority to review and challenge mergers or acquisitions of regulated firms under the antitrust laws. The regulatory agency would have no independent authority to prohibit or impose conditions on any merger or acquisition, for any reason.” <http://govinfo.library.unt.edu/amc/pdf/meetings/RegIndSupplMemo060721circ.pdf> DOJ focuses exclusively on competition issues presented by the particular aspects of the proposed transaction. By contrast, the FCC's grant of authority stems, not only from section 7, but the Commission has the responsibility under Section 310(d) of the
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This note was uploaded on 11/23/2010 for the course GBA GBA 504 taught by Professor Bermingha during the Spring '10 term at Centenary College New Jersey.

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Antitrust Final paper - The DOJ's jurisdiction stems from...

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