DOJ Antitrust Chief Prefers Merger Lawsuits Over Settlements
- Kanter says negotiations often fail to safeguard competition
- Biden cites industry consolidation as factor in inflation jump
Jonathan Kanter
Photographer: Win McNamee/Getty Images
This article is for subscribers only.
The U.S. Justice Department’s new antitrust chief says he will favor filing lawsuits to block problematic mergers rather than accept settlements that allow companies to proceed with their deals.
Jonathan Kanter said Monday night at a New York Bar Association event that the settlements that are frequently negotiated with government antitrust officials often suffer from “significant deficiencies” and fail to protect competition in markets.