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Justice Department to cut merger reviews to 6 months, antitrust chief says

The Department of Justice's antitrust chief vowed to shorten the length of merger reviews to six months, according to The Wall Street Journal.

Assistant Attorney General Makan Delrahim is making the pledge amid growing grievances from companies on the time it takes to slog through regulatory clearance.

Mr. Delrahim told attendees during a speech at Washington, D.C.-based Georgetown University Sept. 25 he agrees the slow-moving process "is a problem." According to a Dechert report, it takes an average of 10 months for the federal government to review mergers.

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