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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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.
The DOJ and the FTC reached a record settlement, pending court approval, against the maker of the popular video game "Fortnite" for violating the Children's Online Privacy Protection Act and the Federal Trade Commission Act.
The FTC charged a retail corporation with failing to take appropriate and effective measures in a timely fashion to detect and prevent fraud in the processing of money transfers sent and received by consumers at store locations.
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.