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ARTICLE · 24 SEPTEMBER 2020

U.S. Antitrust Agencies Propose Changes To Pre-Merger Notification Rules

Buchanan Ingersoll & Rooney
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The Federal Trade Commission (FTC) and Antitrust Division of the Department of Justice (DOJ) (together, the Agencies) proposed changes on Monday ...

United StatesAntitrust/Competition Law
Carrie G. Amezcua
Carrie G. Amezcua
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The Federal Trade Commission (FTC) and Antitrust Division of the Department of Justice (DOJ) (together, the Agencies) proposed changes on Monday to the Rules that govern reporting under the Hart-Scott-Rodino Act, as amended (HSR Act). The proposed changes expand who must file in certain instances, but also include an exemption for certain acquisitions.

The HSR Act requires parties to a merger or acquisition to file a notification with the Agencies for review, and wait a specified period of time after filing prior to consummating the transaction. The HSR Act gives the Agencies time to review transactions and determine if the transaction may violate antitrust laws. Periodically, the Agencies propose changes to the Rules implementing the HSR Act, as well as to the HSR Form and Instructions. 

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