The private-equity industry is pushing back against plans by antitrust enforcers to scrutinize more proposed mergers, saying these efforts violate the law and will hurt the economy. The American Investment Council, the chief lobbying group for the nearly $12 trillion private-markets investment sector, is challenging efforts by Biden administration regulators to collect more information about—and in some cases potentially block—buyout firms’ acquisitions of companies, The Wall Street Journal reports. Read more.
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