The FTC sets its sights on private fund advisers with greater merger scrutiny

Trustbusters ready themselves for private fund enforcement.

The Federal Trade Commission voted to give itself more freedom to investigate allegations of collusion, anti-competitive mergers and acquisitions, and the marketing practices of the car rental industry. Historically, companies must report any mergers at or above $101 million to the FTC and the Department of Justice, but the commission also voted to allow itself to open cases involving cheaper deals, Bill Myers reports.

Email prepared by Jennifer Banzaca