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The DOJ/ FTC Vertical Merger Guidelines (VMGs) were adopted by the FTC in June 2020 by a party-line 3-2 party line over the dissent of the Acting Chair. One might expect that the VMGs will be withdrawn and/or revised, now that there is a Democratic majority. Revision is appropriate because the VMGs are both incomplete and overly permissible. This Suggested Revision can aid that process.

Publication Citation

Published as, A Suggested Revision of the 2020 Vertical Merger Guidelines (Version: April 30, 2022), in Antitrust Bulletin, Vol. 67, Pp. 371-389, September 2022.