U.S. FTC finalizes major revisions to HSR Act's premerger notification rules, effective Jan 2025, increasing filing preparation time and costs.
The U.S. Federal Trade Commission (FTC) has finalized significant revisions to the Hart-Scott-Rodino (HSR) Act's premerger notification rules, marking the first major update in nearly 50 years. Effective January 2025, the changes require companies to submit more detailed information about transactions, including additional documents and disclosures regarding competition and investor relationships. This is expected to increase filing preparation time and costs substantially.
October 14, 2024
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