2 ms·

This article about the DoJ prepping to sue to stop the deal is from February: https://www.bloomberg.com/news/articles/2023-02-23/doj-preparing-suit-to-block-ado

• jasonlotito 3y ago
  It's actually much earlier than that. https://news.ycombinator.com/item?id=38685644 https://news.ycombinator.com/item?id=38685644 tl;dr: Their was significant action less than a month after the announcement was made.
• matthewowen 3y ago
  It also said the lawsuit would be filed “in February or March”, but it was never actually filed, so what factual relevance do you think that article really has? Moreover, the DOJ wins less than one in three of these kinds of cases: the US system is an adversarial one where the courts decide so it makes no sense to immediately abandon in the face of DOJ opposition. What is also true is that the uk finished its phase 1 review (where they decide to send it for further phase 2 review) in June, so 9 months after the deal was announced. Phase 2 leads to changes in about 50% of deals. The phase 2 deadline was late February 2024, about 18 months later. I don't think any of this is indicative of anyone sitting on their hands or twiddling their thumbs, but it’s clearly a slow process and that uncertainty clearly isn’t good for the parties involved.