The Congressional Research Service reviewed draft Merger Guidelines proposed by the DOJ and FTC, early responses to the proposed draft and policy considerations for Congress.
News & Insights
The FTC proposed amendments to "redesign" the premerger notification process to improve the "efficiency and effectiveness" of the initial review process for certain mergers and acquisitions.
FTC increased the notification threshold for reporting proposed mergers and acquisitions under the Hart-Scott-Rodino Act ("HSR"). The FTC also set new HSR filing-fee tiers based on the size of the proposed transaction and increased the thresholds relating to interlocking directors.
In response to a surge in merger filings, the FTC introduced changes to its mergers and acquisitions investigations, and assessments of second requests and second request negotiations.
The FTC proposed amendments to the Hart-Scott-Rodino rules that affect financial investors, and requested comment on aspects of the mergers and acquisitions framework in anticipation of other possible rule changes.