Adjusting merger review to deal with the surge in merger filings
Given the recent surge in merger filings, the FTC is reviewing its processes to determine how best to use its limited resources. The FTC reviews mergers per the Hart-Scott-Rodino (HSR) Act, which requires that companies provide the FTC and Department of Justice with advance notice of certain transactions above a certain threshold. ( The current minimum size-of-transaction threshold is $92 million .) After the merging parties submit a filing with...