The US DoJ Assistant Attorney General announces merger investigations reforms seeking to resolve most merger investigation within six months of filing

Today, Assistant Attorney General Makan Delrahim announced a series of reforms with the express goal to resolve most merger investigations within six months of filing. The reforms seek to place the burden of faster reviews not only on the Antitrust Division of the Department of Justice (DOJ), but also on the merging parties. The DOJ will require fewer custodians, take fewer depositions, and commit to shorter time-periods in exchange for merging parties providing detailed information to the DOJ early in the investigation in some cases before a Hart-Scott-Rodino (HSR) filing is made. AAG Delrahim believes that merging parties need to avoid “hid[ing] the eight ball” and work with the DOJ in good faith to remedy transactions that raise competitive concerns. By announcing these reforms,

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  • McDermott Will & Emery (Washington)
  • McDermott Will & Emery (Washington)

Quotation

Jon B. Dubrow, Joel R. Grosberg, The US DoJ Assistant Attorney General announces merger investigations reforms seeking to resolve most merger investigation within six months of filing, 25 September 2018, e-Competitions September 2018, Art. N° 93005

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