FTC to Withdraw from the August 2024 Memorandum of Understanding (MOU) it had entered into with the NLRB, DOJ, and DOL
Late last week, the Federal Trade Commission (FTC) announced that it would withdraw from the August 2024 Memorandum of Understanding it had entered into with the National Labor Relations Board (NLRB) general counsel, the U.S. Department of Labor (DOL), and the U.S. Department of Justice (DOJ) Antitrust Division. The memorandum is intended to facilitate agency cooperation relating to labor issues in merger investigations. The FTC did not provide a reason for its withdrawal, but stated, “The agency will continue to closely scrutinize all issues related to mergers, including potential impacts on labor, in accordance with its merger guidelines.” Source(s): Beltway Buzz (Ogeltree), received on October 4, 2024, FTC (MOU) , accessed on October 8, 2024