Without fanfare, the Department of Justice’s antitrust division has implemented reforms aimed at cutting the cost that agency antitrust reviews impose on merging parties.
Although the cost of filing a merger notification is generally less than a quarter of a million dollars, responding to a second request for information — a process the antitrust agencies use to examine competitive problems in mergers between competitors and other strategic combinations — had soared to as high as $50 million on a single deal.
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