On March 21, 2024, the Federal Deposit Insurance Corporation (“FDIC”) approved a Federal Register notice seeking public comment on its proposal to revise its current Statement of Policy on Bank Merger Transactions. Among the...more
4/11/2024
/ Antitrust Provisions ,
Bank Merger Act ,
Banks ,
Comment Period ,
FDIC ,
Financial Regulatory Reform ,
Financial Services Industry ,
Merger Agreements ,
Merger Controls ,
Non-Compete Agreements ,
Proposed Rules
The Federal Trade Commission (FTC) recently set its sights squarely on non-compete agreements in merger transactions, making them ripe for further scrutiny. In a Consent Order issued June 14, 2022, the FTC ordered GPM...more