The Federal Trade Commission (FTC) and the U.S. Department of Justice Antitrust Division (DOJ) have extended the deadline for public comments on a joint Request for Information (RFI) targeting serial acquisitions and roll-up strategies across the U.S. economy. The new deadline is now September 20, 2024.
The RFI aims to gather information on corporate practices where businesses, including those owned by private equity firms, grow larger—and potentially dominant—by acquiring several smaller companies within the same or related sectors. These transactions often escape federal antitrust scrutiny because they do not require reporting to regulatory agencies, enabling firms to gain substantial control over key markets without oversight.
According to the FTC and DOJ, such consolidation can harm competition, adversely affecting consumers, workers, and innovation across various industries. The agencies are seeking input from a broad spectrum of stakeholders, including consumers, workers, businesses, and others. Initially set to end on July 22, 2024, the comment period has been extended by 60 days.
Comments can be submitted via Regulations.gov and will be publicly posted once received.
The FTC focuses on policy initiatives impacting competition, consumers, and the U.S. economy. It emphasizes that it will never demand money or make threats and advises following its updates through social media channels and official alerts.
