FTC Proposed Rule Would Require Companies To Submit Narratives On Rationale For Mergers

Proposed changes to premerger notification form would require parties to submit extensive information about planned transactions, including strategic rationales, competition analyses, and supply relationships.

FTC building
Companies would have to provide more information for merger clearance under FTC's proposed rule • Source: Shutterstock

The US Federal Trade Commission’s proposed amendments to premerger notification rules would require merging parties to provide much more information than is currently required, including rationales for the transaction, competition analyses, and sales information.

The commission issued a notice of proposed rulemaking, published in the 29 June Federal Register, to amend the Hart-Scott-Rodino form and instructions to provide the FTC and the Department of Justice’s antitrust division with more information about transactions

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