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ARTICLE · 21 JULY 2011

FTC And DOJ Finalize Rules Changing Premerger Notification Requirements

On July 7, 2011, the Federal Trade Commission and Department of Justice (the Agencies) announced amendments to the premerger filing requirements under the Hart-Scott-Rodino Act (HSR).

United StatesAntitrust/Competition Law

On July 7, 2011, the Federal Trade Commission and Department of Justice (the Agencies) announced amendments to the premerger filing requirements under the Hart-Scott-Rodino Act (HSR). Although the Agencies billed the changes as a "streamline" to the existing rules that would reduce the burden for most filers with respect to some of the changes, such as the elimination of "base year" revenue reporting, it increased the categories of internal business documents that must be submitted with the application, and expanded the information required about certain associated entities. The new rules will take effect 30 days after formal publication, or about mid-August 2011.

Elimination of "base year" revenue reporting

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