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Joe Simons Retweeted
No, FTC Chairman
@JoeSimonsFTC is not emailing you. Scammers are sending emails pretending to be him though. If you get an email like this, remember it is NOT from the FTC. Report it at http://ftc.gov/complaint . More: https://go.usa.gov/xGAZy#ScamAlertpic.twitter.com/znD77YuRdI
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Proud of
@FTC for co-hosting 19th annual@IntCompNetwork conference this week and maintaining a strong voice for US consumers and competitive markets on the global stage.#ICN2020https://twitter.com/FTC/status/1306621698079371264 …
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Joined
@Vestager and AAG Delrahim today for@IntCompNetwork panel on enforcement in the digital economy and ensuring competitive markets that serve consumers.#ICN2020pic.twitter.com/oQ1qalUk27
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Honored to help launch the
@IntCompNetwork's 19th annual conference today; info on the event at https://go.usa.gov/xGXaU . My opening remarks: https://go.usa.gov/xGXae#ICN2020pic.twitter.com/oyHaqc1Bi0
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Joe Simons Retweeted
FTC testified today at an oversight hearing before
@SenateCommerce about the agency’s work to protect consumers and promote competition, including its efforts to combat frauds designed to take advantage of consumers during the#COVID19 pandemic: https://go.usa.gov/xfdjj pic.twitter.com/QaK76fi4to
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We received useful comments from our Hearings and a public workshop hosted on March 11, 2020. Feedback has helped us make significant improvements to the Jan. draft. /4
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Guidelines replace the framework for analyzing non-horizontal mergers contained in the DOJ’s 1984 Merger Guidelines /3
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I join
@FTCPhillips and@CSWilsonFTC in a statement: https://go.usa.gov/xwt9w /2Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Today, FTC and DOJ issued antitrust guidelines for evaluating vertical mergers. New Vertical Merger Guidelines provide transparency on analytical techniques, practices, and enforcement policies: http://go.usa.gov/xwt8U /1https://twitter.com/FTC/status/1277973969430212630 …
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Today
@FTC announced that HyperBeard is settling@FTC allegations it illegally collected kids’ data without parental consent. My statement: https://go.usa.gov/xwZTQ https://twitter.com/FTC/status/1268549348960415751 …
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My colleagues may not like the result of the comprehensive and meticulous merger review process but the investigation simply did not uncover evidence suggesting harm would result from the merger based on these additional theories. /8
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.
@ChopraFTC and@RKSlaughterFTC misrepresent that add’l theories of harm were not investigated with adequate rigor in this case: Chopra's statement: https://go.usa.gov/xvvfc Slaughter's statement: https://go.usa.gov/xvvfa /7Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
In reviewing proposed buyers, the Commission closely examines the buyer’s sources of financing, contingency planning, and ability to conduct adequate due diligence, among other factors. /6
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Findings from the pharmaceutical portion of the 2017 Merger Remedies Study support the consent in this case. The study found that buyers that acquired on-market pharmaceutical products that were contract manufactured, cont’d to sell those products. /5
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Our majority statement attempts to set the record straight, providing perspective, context, logic, and facts missing from
@ChopraFTC’s dissent: http://go.usa.gov/xvvfq /4Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Our colleagues
@ChopraFTC &@RKSlaughterFTC, who have in the past expressed and today reiterate their general opposition to pharmaceutical mergers, have come to a different conclusion about the proposed settlement and have voted against accepting it. /3Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
The Commission voted [3-2] to issue a complaint + accept a settlement resolving every substantial threat to competition uncovered by FTC staff + supported by the evidence, after a thorough investigation lasting 10 mos involving 40+ interviews and review of more than 430K docs. /2
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Today
@FTC announced that pharmaceutical companies AbbVie Inc. and Allergan plc have agreed to divest assets to settle@FTC charges that AbbVie’s proposed $63 billion acquisition of Allergan would violate federal#antitrust law /1https://twitter.com/FTC/status/1257822392031891457 …
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I also want to commend FTC staff for their exhaustive investigation and work towards this victory. /6
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