The US FTC and DoJ announce proposed changes to the regulations governing when a filing must be made under the HSR Act

On September 21, 2020, the Federal Trade Commission (FTC) and Department of Justice (DOJ) announced proposed changes to the regulations governing when a filing must be made under the Hart-Scott-Rodino (HSR) Act that would likely significantly expand the filing requirements and increase the HSR burden on institutional investors and fund managers. The FTC also invited responses to a set of questions to inform future regulatory changes, suggesting that even more sweeping changes could be coming. The changes and proposals were announced in two documents (1) a notice of proposed rulemaking (NPRM), which announced two changes to the HSR rules, and (2) an advanced notice of proposed rulemaking (ANPRM), which requested input on a broad variety of topics. There is a 60-day public comment

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  • Cleary Gottlieb Steen & Hamilton (Washington)

Quotation

Steven J. Kaiser, The US FTC and DoJ announce proposed changes to the regulations governing when a filing must be made under the HSR Act, 21 September 2020, e-Competitions September 2020, Art. N° 96942

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