Sweeping HSR Revisions: Top 5 Changes To Know About

Law360, New York (July 8, 2011, 1:55 PM EDT) -- On July 7, 2011, the U.S. Federal Trade Commission and U.S. Department of Justice jointly published the most sweeping changes to “Hart-Scott-Rodino” (HSR) practice in its 33-year history.

HSR is the U.S. form of “merger control,” requiring a filing and up-front “waiting period” to allow the FTC and DOJ to analyze a deal’s potential competitive effects and initiate a pre-closing challenge if they decide it presents serious concerns. Absent an exemption, a relatively small threshold of $66 million can trigger a filing.

There are several changes...
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