The US FTC issues revised Hart-Scott-Rodino premerger notification rules

The U.S. Federal Trade Commission (the “FTC”) has issued final rules (the “Rules”) to amend the requirements of premerger notifications required under the Hart-Scott-Rodino (“HSR”) Act. The Rules, issued July 7, 2011, are described by the FTC as being intended to streamline the HSR filing process. In fact, while some burdensome historical data are no longer required, the new Rules also impose new requirements and new burdens, particularly as to affiliate information, that filing parties will need to anticipate and prepare for. The new Rules will go into effect 30 days after publication in the Federal Register. Some changes, such as omitting the need to provide revenue information for a base year (currently, 2002), will be well-received. Other changes, however, are more controversial,

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

Quotation

Thomas A. McGrath, Jeffrey Schmidt, Antonia Sherman, The US FTC issues revised Hart-Scott-Rodino premerger notification rules, 7 July 2011, e-Competitions July 2011, Art. N° 40991

Visites 309

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues