Mergers Down But FTC Challenges Up: Report

Law360, New York (October 6, 2010, 4:25 PM EDT) -- Major corporate mergers have declined significantly since the onset of the recession, but the Federal Trade Commission is investigating a much higher percentage of those filings, resulting in many more mergers being revised or scuttled entirely, according to the agency's new report.

Pre-merger notification filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 dropped nearly 60 percent between the 2008 fiscal year and fiscal 2009, from 1,726 filings to 716, according to the FTC’s Hart-Scott-Rodino 2009 Annual Report released Friday.

But the number of FTC “secondary...
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