Blog Posts Tagged with Hart-Scott-Rodino Act (HSR)

PNO closed on December 26

Per an executive order by President Obama, executive branch non-Postal Service employees are excused from duty on Friday, Dec. 26, 2014. The Premerger Notification Office will not be open to accept HSR filings on that date. Please note that this will not change HSR waiting periods. If you have a filing with a waiting period scheduled to end on Dec. 26, 2014, that waiting period will not be affected.

Turning a page at the PNO

Every day, the Premerger Notification Office processes premerger notification filings for transactions reportable under the Hart-Scott-Rodino Act. The numbers are daunting: over 1,400 transactions requiring more than 2,800 filings in an average year. Not only does the PNO keep up with this volume, its staff of HSR specialists screens each filing for HSR compliance and identifies which transactions require further review.

How to avoid common HSR filing mistakes with attachments

The PNO handles Hart-Scott-Rodino Premerger Notification Filings for well over a thousand transactions each year. When you submit an HSR Form with all the required information, the PNO can quickly review the filing, and if necessary, forward it to the investigative staff who will focus on determining whether the acquisition presents competitive issues that warrant further review.

How to avoid common HSR filing mistakes on affidavits and notice letters

The PNO handles Hart-Scott-Rodino Premerger Notification Filings for well over a thousand transactions each year. When you submit an HSR Form with all the required information, the PNO can quickly review the filing, and if necessary, forward it to the investigative staff who will focus on determining whether the acquisition presents competitive issues that warrant further review.

Running time

“The clock” is a central part of a merger lawyer’s life. HSR merger review is all about managing the clock effectively. Here are some things we’ve been known to say: Is the clock running? When does the clock start? How much time is on the clock? 

Merger review by the numbers

Today the FTC and DOJ released the 36th Annual Hart-Scott-Rodino Report, a document full of interesting data about federal merger review. The report covers transactions in which the merging parties filed HSR notification between Oct. 1, 2012 to Sept. 30, 2013, and federal merger enforcement actions during the same time period. Here are some notable numbers from the report:

New security procedures for HSR filers

Updated as of May 1. Here is a printable version of the instructions for delivering HSR filings.

Do bike messengers read blogs about Hart-Scott-Rodino? Maybe not. But anyone who needs to file a HSR premerger notification form after April 25 should read on for information about how to deliver filings at the PNO’s new home on the fifth floor of the Constitution Center.

The PNO is moving!

On April 28, the PNO will move to its new offices on the fifth floor of Constitution Center, located at the corner of 7th and D Streets SW above the L’Enfant Plaza Metro Station. We hope to make this a seamless transition with no interruption in our ability to receive filings. We will continue to accept filings at the current location in the FTC HQ office on the third floor up until 5 p.m. on Friday, April 25, and reopen on the fifth floor of the Constitution Center at 8:30 a.m. on Monday, April 28.

HSR threshold adjustments and reportability

When Congress passed the Hart-Scott-Rodino Antitrust Improvements Act of 1976, it created minimum dollar thresholds to limit the burden of premerger reporting. In 2000, it amended the HSR statute to require the annual adjustment of these thresholds based on the change in gross national product. As a result, reportability under the Act changes from year to year as the statutory thresholds adjust. The PNO fields many questions about the upcoming adjustments to the HSR thresholds from parties whose transactions may take place around the time of the revisions.

Location and value of patents

Each year, the Premerger Notification Office answers thousands of letters, phone calls, and emails regarding the Hart-Scott-Rodino rules, giving informal advice on the potential reportability of transactions and help in completing the HSR Notification and Report Form.