In The News

| February 12, 2010

New Merger Review and FERC’s Market Power Analyses

In September 2009, the U.S. Department of Justice and the Federal Trade Commission announced that they intend to revise their Horizontal Merger Guidelines, which were last updated in 1992. The agencies’ reasons for updating them were that the guidelines no longer reflected true agency practice, and were not an accurate guide to the business community of how the agencies actually conducted a merger review.

For more information, please contact your Dewey & LeBoeuf relationship partner, or one of the following:

John D. Draghi

+1 212 424 8217

Bud Ellis

+1 212 259 6150

Paul L. Gioia

+1 518 626 9308

David R. Poe

+1 202 346 8039

Meabh Purcell

+1 617 748 6847

William E. Rice

+1 202 346 7957

Raya C. Salter

+1 212 259 7218

Dev R. Sen

+1 212 259 8230

Ahren S. Tryon

+1 202 346 8059

This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent. For further information on Dewey & LeBoeuf, please visit www.dl.com. +1 888 532 6383