Jan Rybnicek, an antitrust attorney and a Senior Fellow at the Global Antitrust Institute of the Antonin Scalia School of Law (ASSLaw) has taken issue with both the Biden administration and in Congress to restrict mergers in the name of increasing competition in the marketplace.
She states that slowing the paces of M&A activity will reduce employment in the United States, despite the fact that mergers result in massive job cuts more often than not.
In fact the only areas of the economy that might see reductions in employment are beyond brokers and lawyers, so how could anyone claim with a straight face that this would cause job losses.
It’s almost as if the person writing this is an M&A lawyer, and ……… Checks Notes ……… never mind.