Becker's Healthcare February 18, 2025
The Federal Trade Commission and the Department of Justice 2023 merger guidelines are now in effect after being unveiled in December 2023.
FTC Chairman Andrew Ferguson said in a Feb. 18 employee memo that their premerger notification office typically sees anywhere between 35 to 50 transactions weekly, but received 394 filings for around 200 transactions during the week of Feb. 10 prior to the Hart-Scott-Rodino Act changes taking effect Feb. 10.
The HSR changes would help the FTC and Justice Department’s antitrust division effectively monitor mergers and acquisitions for potential competition issues within the waiting period, which typically takes 30 days. In mid-January, The U.S. Chamber of Commerce sued the FTC, suggesting that the HRS premerger notification rules...
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