Prepared Remarks before the American Bar Association's "Mergers & Acquisitions: Getting Your Deal Through the New Antitrust Climate"
New York, N.Y.
For 25 years, the Hart-Scott-Rodino Act has provided the antitrust enforcement agencies with the opportunity to review mergers and acquisitions before they occur. In the words of Peter Rodino on the occasion of the HSR Act's 25th anniversary, "the legislation absolutely has transformed merger enforcement. Competition, as well as the consumer, has benefitted(2)." The HSR program has been instrumental in detecting transactions that have been the subject of numerous enforcement actions and continues to do its job well.