Horizontal Merger Guidelines: Operating Within the New Antitrust Framework

Preparing for Increased FTC and DOJ Review and Data Requirements

Recording of a 90-minute CLE webinar/teleconference with Q&A


Conducted on Thursday, July 1, 2010
Recorded event now available


This CLE webinar will offer guidance to companies and counsel on the practical impact of the proposed horizontal merger guidelines. The panel will outline the key changes and offer tips for navigating the new antitrust enforcement environment.

Description

In April, the U.S. Department of Justice Antitrust Division and the Federal Trade Commission released for public comment the proposed revised horizontal merger guidelines, which would replace the 1992 guidelines. The guidelines will provide for more transparency and allow for more active enforcement.

The new guidelines adopt a more subjective, flexible approach to each transaction. They make significant changes to several elements of the merger process, including market definition, market shares, concentration thresholds — and place increased emphasis on economic evidence.

The guidelines are often cited by the courts and have been used to reject agency challenges to mergers. Because the revisions bring the guidelines in line with the practice of the agencies, companies and their counsel must understand the changes and how they will impact merger analysis.

Listen as our authoritative panel of antitrust attorneys examines the proposed key revisions to the horizontal merger guidelines, discusses the implications of these revisions, and outlines strategies for operating in a new antitrust landscape.

Outline

  1. Key changes
    1. Market definition
    2. Concentration thresholds
    3. Types and sources of evidence
    4. Unilateral effects
    5. Coordinated effects
    6. Price discrimination
    7. Entry conditions
    8. Efficiencies
  2. Partial acquisitions
    1. Monopsony
    2. Consummated mergers
  3. Implications of the changes
    1. On merger analysis
    2. On merger litigation
  4. Strategies for navigating in the new antitrust enforcement environment

Benefits

The panel will review these and other key questions:

  • How have the proposed guidelines shifted the focus from coordinated effect to unilateral effect?
  • How the reduced focus on predicted price increases impact merger analysis?
  • What proposed changes do the guidelines make to the HHI market concentration screen?

Faculty

Clifford H Aronson, Partner
Skadden Arps Slate Meagher & Flom, New York

He represents clients in antitrust matters relating to mergers and acquisitions. He has been involved in numerous high-profile transactions and strategic alliances over the years and has experience in multiple industries, including entertainment, consumer products, healthcare, manufacturing, pharmaceutical, retail and technology.

Joseph G. Krauss, Partner
Hogan Lovells, Washington, D.C.

His practice is focused on antitrust and economic regulation, with a particular emphasis on merger and acquisition counseling and litigation in all industries, and before federal, state, and foreign antitrust authorities. He counsels clients in matters relating to mergers and acquisitions, joint ventures, distribution issues, Sherman Act, and Hart-Scott-Rodino Act compliance.

Michael H. Knight, Partner
Jones Day, Washington, D.C.

He advises clients on all aspects of competition law, including mergers, joint ventures, competitor collaborations, distribution issues, price discrimination, monopolization, and intellectual property restraints. He has experience in government and the private sector and routinely represents clients before federal and state antitrust agencies and federal courts.

Ordering

Online CLE - Audio Recording

Includes audio streaming of full program plus handouts (available 24 hours after live seminar).

CLE: Pre-approved for participatory or non-traditional/alternate format credit in: CA, HI*, NY*, WV*. Pre-approved for self-study credit in: AK, AZ, GA, MO, MT, TX*, UT, VT, WA.
Upon request, also available in: CO, CT*, FL, ID, KY, LA*, ME, NC, ND, NE, NH, NM, NV, OR*, SC, TN, WI, WY. If you are applying for credit in one of these states, make sure to select those states when placing your order.
(*Indicates that Strafford must report attendance.)

Online CLE Audio $149.00
Available 24 hours after the live event

How does this work?


Recorded Event

Includes full event recording plus handouts (available after live seminar).

CLE: Pre-approved for self-study credit in: AK, AZ, CA, CT, GA, HI, MO, MT, NY, TX*, UT, VT, WA, WV. Upon request, self-study credit is also available in: CO, FL, ID, KY, ME, ND, NE, NH, NM, NV, OR, WI, WY. If you are applying for self-study credit in one of these states, contact Strafford CLE at 1-800-926-7926 ext. 35 or CLE@straffordpub.com. (*Indicates that Strafford needs to process the CLE — see below to purchase this option.)

Webinar Download (Slide Presentation with Audio) $49.00
Available three business days after the live event

How does this work?

DVD (Slide Presentation with Audio) $49.00 plus $9.45 S&H
Available ten business days after the live event

MP3 Download (Audio with Slide PDFs) $49.00
Available 24 hours after the live event

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CD (Audio with Slide PDFs) $49.00 plus $9.45 S&H
Available ten business days after the live event

Webinar/Teleconference

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Program Materials

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Program Materials

Requires Adobe Reader 8 or later. Download Acrobat FREE.

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Customer Reviews

The seminar provided great examples to correspond with the subject matter.

Susan Gray

Hanesbrands Inc. - Law Dept.

The real case examples and case citations were very helpful.

Tyler Wilkinson

Axley Brynelson, LLP

The seminar featured very knowledgeable presenters on an extremely important topic.

Kenneth Mathieu

FTI Consulting

The webinar offered excellent insight into some specific areas.

Beth Ann R. Lawson

Virginia Beach Law Group

A focused presentation offering practical information in a concise format.

Una Kang

Saiber

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Antitrust Law Advisory Board

Clifford H. Aronson

Partner

Skadden Arps Slate Meagher & Flom

Tyler A. Baker

Partner

Fenwick & West

Gregory J. Casas

Shareholder

Greenberg Traurig

David B. Goroff

Partner

Foley & Lardner

Christopher J. Kelly

Partner

Mayer Brown

James J. Long

Shareholder

Briggs and Morgan

Janet L. McDavid

Partner

Hogan Lovells

Kevin D. McDonald

Partner

Jones Day

Daniel F. McInnis

Partner

Akin Gump Strauss Hauer & Feld

Saul P. Morgenstern

Partner

Kaye Scholer

M. Sean Royall

Partner

Gibson Dunn & Crutcher

or call 1-800-926-7926

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