[Public Papers of the Presidents of the United States: George H. W. Bush (1992, Book I)]
[April 2, 1992]
[Page 529]
[From the U.S. Government Publishing Office www.gpo.gov]



Statement on Antitrust Enforcement Policy

April 2, 1992
    I am pleased to announce today a unified antitrust enforcement 
policy for mergers and acquisitions, by the Department of Justice and 
the Federal Trade Commission.
    This new enforcement policy is an important part of the 
administration's ongoing efforts to improve the competitiveness of 
American business and to provide jobs for our people. A common policy 
will provide the business community with greater certainty about the 
standards to be applied in enforcing the antitrust laws. And where stiff 
international competition already exists, the new guidelines will make 
it easier for American companies to achieve the economic clout to 
compete effectively in the global marketplace.
    I commend Attorney General Bill Barr and FTC Chairman Janet Steiger 
for this important contribution to American competitiveness.