As of August, new rules have made substantial changes to the information required in the notification and report form required for certain transactions under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
The HSR Act requires parties to notify the Federal Trade Commission and U.S. Department of Justice Antitrust Division of proposed transactions that meet the act’s jurisdictional thresholds and to observe a statutory waiting period while the FTC and DOJ review the potential impact of the transaction on competition.
