FTC issues ruling on premerger notification rules, increases burden on merging organizations
American Hospital Association October 11, 2024
The Federal Trade Commission Oct. 10 finalized changes to the premerger notification rules, form and instructions under the Hart-Scott-Rodino Antitrust Improvements Act. The final rule, while less burdensome than the proposed rule, increases the reporting requirements on the current HSR form, particularly for the buyer.
“The AHA is disappointed that the FTC moved forward with this flawed and pointless rule,” stated Chad Golder, AHA general counsel and secretary. “As we explained in our comment letter, it functions as little more than a tax on mergers. The FTC still has not sufficiently explained why...