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On April 20, after much discussion and five days of joint workshops, the Antitrust Division of the Department of Justice and the Federal Trade Commission issued draft revisions to the Agencies' Horizontal Merger Guidelines. These proposed revisions represent the first revisions to the Guidelines since 1997 and the first comprehensive overhaul since 1992. The draft revised Guidelines are currently in a period of public comment that expires on June 4, after which the Agencies will consider the comments and likely finally approve the proposed Guidelines.
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