The Justice Department is asking Congress to let it extend deadlines on merger reviews and price-fixing prosecutions because of the coronavirus pandemic
“During a national emergency, corporations shouldn't be able to dictate how government is using its limited resources,” Chopra
Republican FTC Commissioner Christine Wilson said the agency is working with companies to request extensions.is seeking more time to ensure full review of pending deals. It will not sacrifice thoroughness of investigations that may require information from third parties focused on other priorities,” she said on Twitter.The proposal viewed by POLITICO would extend the statute of limitations on price-fixing and bid-rigging cases for at least six months because of the pandemic.
“A delay of more than a few weeks could really risk things slipping away,” said Phelan, who worked on criminal antitrust cases at DOJ for 25 years. “Even if they wanted to go forward with a proceeding, that’s not going to be possible,” said Ann O’Brien, who left the antitrust division last month after 20 years and is now a partner at Baker Hostetler. “They are not going to bring in a quorum of grand jurors to be in a small room.”
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