- The Federal Trade Commission (“FTC”) and the U.S. Department of Justice (“DOJ”) Antitrust Division issued a joint statement detailing an expedited antitrust review procedure for collaborations between businesses working on health and safety matters relating to the COVID-19 pandemic.
- According to the statement, the expedited procedures are designed to assist health care facilities that may need to cooperate in providing resources and services to communities affected by COVID-19 or to businesses that may need to temporarily combine production, distribution, or service networks to supply COVID-19-related materials.
- Under the expedited procedure, the FTC and the DOJ will advise on whether the agencies would challenge the proposed collaborations under the antitrust laws within seven calendar days of receiving all the necessary information.