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.

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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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