U.S. FTC Publishes Finalized Changes to the HSR Pre-Merger Notification and Report Form, Increasing Disclosure Requirements
11 October 2024
More than a year after publishing proposed changes to the pre-merger notification and report form required for certain transactions under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, (the "HSR Form"), on October 10, 2024, the U.S. Federal Trade Commission ("FTC") published its much-anticipated final changes to the HSR Form ("New HSR Form"). The final rule is a paired-back version of what the FTC and Department of Justice presented for public comment in June of 2023. Nevertheless, the New HSR Form will require filing parties to disclose new required information and documents. The New HSR Form will become effective 90-days after the final rule is published in the Federal Registrar. The FTC vote on the New HSR Form was 5-0, with the Republican commissioners joining their Democrat colleagues.
Clifford Chance
