On September 17, 2024, the Department of Justice announced its withdrawal from the 1995 Bank Merger Guidelines. The DOJ emphasized that the 2023 Merger Guidelines set out the agency’s approach to merger review in every industry, including banking. At the same time, the DOJ issued a commentary identifying some of the competition issues that may occur most often in bank mergers.
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Key Takeaways: DOJ Withdraws From 1995 Bank Merger Guidelines
