7 days ago
Trump changes the antitrust formula
Keysight Technologies will receive U.S. antitrust approval for its $1.5 billion purchase of British telecom testing firm Spirent Communications, after agreeing to divest three of Spirent's businesses.
Why it matters: Remedies appear to be back, after a Biden-era antitrust regime that focused more on injunctions.
Both at DOJ, which handled the Keysight/Spirent deal, and also at FTC, which last week applied structural remedies to approving the $35 billion merger of Synopsys and Ansys.
"If competitive concerns are discrete and a robust carve-out is feasible, settlement is once again a realistic path to closing," antitrust attorney John Ceccio wrote on LinkedIn.