In US FTC’s GTCR case, focus on PE rollups replaced by traditional M&A review

White & Case Antitrust partner Anna Kertesz spoke to MLex about the FTC's shift away from specifically targeting private equity sponsors in favor of a traditional merger analysis, following the Commission's complaint against GTCR's acquisition of Surmodics.

Anna noted that "the GTCR complaint does not use negative language around private equity – the complaint simply describes GTCR as a private equity firm in neutral terms," signaling a change in the FTC's enforcement approach.

See the full article from MLex here.

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