FTC Still Needs More Money For Merger Reviews, Dems Say
By Bryan Koenig (January 24, 2022, 6:05 PM EST) -- Democrats on the Federal Trade Commission used the annual increase in merger reporting thresholds Monday as an opportunity to renew their call for higher filing fees, more Congressional appropriations and other, more fundamental changes to the U.S. transaction review system.
Accompanying the 4-0 vote to increase the dollar-value threshold requiring transaction notification under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 from $92 million to $101 million, Commissioner Rebecca Kelly Slaughter was joined by Chair Lina M. Khan in a statement arguing that filing fees and agency funding haven't kept pace with inflation or a "historic merger wave," straining the resources of the...
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