Milbank LLP Litigation & Arbitration partner James Weingarten was quoted in the Bloomberg Business article, “Mars’ $36 Billion Deal Faces Khan’s ‘Chocolate Oligopoly’ Views.”
The article discusses Mars’ proposed $36 billion deal to purchase Cheez-It maker Kellanova and the scrutiny it will face from the chair of the US Federal Trade Commission, Lina Khan. Mr. Weingarten said that given the inflationary environment, the FTC is likely to take a hard look at the deal’s potential impact on consumer food prices: “They are going to look hard product-line by product-line.”
Prior to joining Milbank, Mr. Weingarten was Chief Trial Counsel and served as first chair trial counsel representing the FTC in federal court and administrative proceedings challenging anticompetitive mergers and conduct.
