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.
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The FTC established an Office of Technology in order to "strengthen the FTC's ability to keep pace with technological challenges in the digital marketplace by supporting the agency's law enforcement and policy work."
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.
A CEO of a bank holding corporation settled FTC charges for violations of the notice and waiting period requirements under the Hart-Scott-Rodino Act.