US Antitrust Agencies See Merger Surge

US Antitrust Agencies See Merger Surge
The seal of the United States Department of Justice is seen on the building exterior of the United States Attorney's Office of the Southern District of New York in Manhattan, N.Y., on Aug. 17, 2020. Andrew Kelly/Reuters
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WASHINGTON—The U.S. Justice Department and Federal Trade Commission said Monday that they had been notified of more than 4,000 proposed transactions between March 2020 and September 2021, sharply higher than normal.

The agencies, which share the job of enforcing antitrust law, created an online portal to accept notifications of proposed transactions in March 2020, when the government and companies started closing offices to slow the spread of the coronavirus pandemic.