The Federal Trade Commission, in partnership with the Department of Justice’s Antitrust Division, will resume the practice of granting early termination of the HSR Act’s waiting periods when both agencies have determined that no enforcement action will be taken during the waiting period, the agency announced in a blog posted today.
On March 13, as part of the Bureau of Competition’s response to the COVID-19 coronavirus situation, and in partnership with the Antitrust Division, the FTC announced that the Bureau’s Premerger Notification Office would adopt a temporary e-filing program for notifications under the Hart-Scott-Rodino Act. Among other changes, this transition involved temporarily suspending the Bureau’s processing of requests to grant early termination of the Act’s waiting periods.
Effective March 30, 2020, grants of early termination will resume as time and resources allow, as described in the blog post.
The Federal Trade Commission works to promote competition, and protect and educate consumers. The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize. You can learn more about how competition benefits consumers or file an antitrust complaint. For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.
Contact Information
MEDIA CONTACT:
Office of Public Affairs
202-326-2180