In an apparent reaction to recent efforts by the Department of Defense to obtain authority to approve mergers in the defense industry on national security grounds, the Department of Justice and the Federal Trade Commission today issued a Joint Statement explaining the standard of review that the antitrust agencies use when evaluating proposed transactions in the defense industry.  In this Joint Statement, the antitrust agencies assert that by protecting competition, they already are protecting national security by maintaining multiple sources of products and services and the most innovative technologies to support our military personnel, all at competitive prices.
Continue Reading FTC and DoJ Question DoD’s Proposed National Security Trump Card