Making the Second Request Process Both More Streamlined and More Rigorous During this Unprecedented Merger Wave
Given the recent surge in merger filings and the Commission’s obligation to protect Americans from illegal transactions, the Bureau of Competition is instituting new process reforms to best use its limited resources. These reforms build on other enhancements the Bureau announced in an August blog post. The Hart-Scott-Rodino (HSR) Act requires that companies provide the FTC and Department of Justice with advance notice of certain transactions...