The Federal Trade Commission and the Justice Department’s Antitrust Division released the agencies’ 40th Annual Hart-Scott-Rodino Report. The Report provides HSR Premerger Notification data for fiscal year 2017. The HSR Premerger Notification Program is the means by which companies report mergers and acquisitions to the government, enabling the agencies to examine transactions and take action […]
Tag Archives: Hart-Scott-Rodino Act (HSR) Bureau of Competition Competition Merger
FTC, DOJ Issue Fiscal Year 2016 Hart Scott Rodino Premerger Notification Report
The Federal Trade Commission, together with the Justice Department’s Antitrust Division, released the agencies’ 39th Annual Hart-Scott-Rodino Report. The report presents fiscal year 2016 data on the HSR Premerger Notification Program that alerts the agencies to transactions that may substantially lessen competition in violation of federal law. The report notes that 1,832 transactions were reported […]
FTC Approves Updates to Hart-Scott-Rodino Rules
The Federal Trade Commission has approved final amendments to the Hart-Scott-Rodino Premerger Notification Rules that allow HSR filings to be submitted on DVD and streamline the instructions to the Premerger Notification Form. These updates will make the process of submitting HSR filings easier, more efficient and less burdensome. Enacted by Congress in 1976, the Hart-Scott-Rodino […]
FTC Approves Fiscal Year 2015 Hart Scott Rodino Premerger Notification Report
The Federal Trade Commission, together with the Department of Justice Acting Assistant Attorney General for Antitrust, released the 38th Annual Hart-Scott-Rodino Report. The report presents fiscal year 2015 data on the HSR Premerger Notification Program, which is key to alerting the agencies to transactions that may substantially lessen competition in violation of federal law. The […]
Leucadia National Corporation to Pay $240,000 to Settle FTC Charges It Violated U.S. Premerger Notification Requirements
Holding company Leucadia National Corporation has agreed to pay $240,000 in civil penalties to resolve Federal Trade Commission allegations that it violated federal premerger reporting laws by failing to report a conversion of its ownership interest in the financial services company Knight Capital Group, Inc. In July 2013, Knight Capital consolidated with another financial services […]
FTC Approves Fiscal Year 2014 HSR Premerger Notification Report
The Federal Trade Commission, together with the Department of Justice’s Assistant Attorney General for Antitrust, released the agencies’ 37th Annual Hart-Scott-Rodino Report. The report presents fiscal year 2014 data on the agencies’ HSR Premerger Notification Program. The program allows the agencies to identify and challenge transactions that may substantially lessen competition in violation of federal […]
FTC Announces Revised Thresholds for Clayton Act Antitrust Reviews for 2014
The Federal Trade Commission has revised the thresholds that determine whether companies are required to notify federal antitrust authorities about a transaction under Section 7A of the Clayton Act, the Hart-Scott-Rodino (HSR) Antitrust Improvements Act. The HSR Act requires companies to notify authorities if the size of the parties at issue and the value of […]
Investment Firm of MacAndrews & Forbes to Pay $720,000 Penalty to Resolve FTC Allegations Related to Premerger Filing Requirements
The investment firm of MacAndrews & Forbes has agreed to settle Federal Trade Commission charges that it violated the agency’s premerger filing requirements, and will pay a $720,000 civil penalty. The Hart-Scott-Rodino (HSR) Act requires that parties notify the FTC and the Department of Justice of most large acquisitions. After doing so, parties must observe […]
FTC Approves Fiscal Year 2012 HSR Premerger Notification Report Highlighting Merger Enforcement Actions
The Federal Trade Commission, with the concurrence of the Department of Justice’s Assistant Attorney General for Antitrust, released the agencies’ fiscal year (FY) 2012 report summarizing their review of mergers under the Hart-Scott-Rodino (HSR) Premerger Notification Program. In FY 2012, 1,429 transactions were reported to the antitrust agencies. The report highlights the 44 merger enforcement […]
FTC Seeks Public Comments on Proposed Amendments to the Premerger Notification Rules Related to the Withdrawal of HSR Filings
The Federal Trade Commission is seeking public comment on a set of proposed changes to its premerger rulesto establish procedures for the withdrawal of a Hart Scott Rodino (HSR) premerger notification filing in certain circumstances. As part of the agency’s ongoing review of its rules and procedures to promote efficient government, the proposed rules formalize […]