On October 10, 2024, the Federal Commerce Fee (FTC) issued its Closing HSR Rule, which considerably overhauls the HSR submitting necessities and represents probably the most vital modifications to the HSR submitting regime because the Hart-Scott-Rodino Act (HSR) was enacted over 45 years in the past. The FTC voted unanimously in favor of the Closing Rule, with the concurrence of the Division of Justice (DOJ). The Closing HSR Rule was revealed within the Federal Register and is scheduled to enter impact on February 10, 2025. See 89 Fed. Reg. 89216.
On account of the issuance of the Closing HSR Rule, there shall be substantial modifications to HSR filings and associated apply. Along with substantial modifications to the shape, its requests, and the definitions, the FTC introduced it would reinstitute its Early Termination program.
Sensible Steering may also help you perceive the modifications, and we shall be updating our supplies to coincide with the implementation of the Closing HSR Rule.
To maintain updated with the most recent efforts of the companies on merger enforcement, observe the DOJ/FTC Antitrust Case Tracker (Merger) and Hart-Scott-Rodino (HSR) Act Enforcement Actions and Penalties Tracker.
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