Force Behind 'Do Not Call' List To Step Down as FTC Chairman
It isn't clear whether Mr. [Tim Muris]'s departure will affect the outcome of one of the big mergers pending before the commission, R.J. Reynolds Tobacco Co.'s $3 billion bid for Brown & Williamson, the U.S. unit of British American Tobacco PLC. The deal is getting tough scrutiny...
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Published in | The Wall Street journal. Eastern edition |
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Main Author | |
Format | Newspaper Article |
Language | English |
Published |
New York, N.Y
Dow Jones & Company Inc
12.05.2004
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Edition | Eastern edition |
Subjects | |
Online Access | Get full text |
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Summary: | It isn't clear whether Mr. [Tim Muris]'s departure will affect the outcome of one of the big mergers pending before the commission, R.J. Reynolds Tobacco Co.'s $3 billion bid for Brown & Williamson, the U.S. unit of British American Tobacco PLC. The deal is getting tough scrutiny by the commission staff, which could raise antitrust objections but hasn't made a recommendation to the full five-member commission. If the deal is pending before the FTC after Ms. [Deborah Majoras] is confirmed by the Senate, she is likely to recuse herself because Jones Day represents Reynolds. |
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ISSN: | 0099-9660 |