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The American Investment Council urged FTC to withdraw its proposal to "comprehensive[ly] redesign" the premerger notification form. The Council argued that FTC lacks statutory authority to demand nearly all of the information that would be newly required.

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.