3 ms·
Hart-Scott-Rodino Improvements Act requires FTC to approve all large M&A deals + DoJ needs to do antitrust review https://www.ftc.gov/advice-guidance/competiti
by slt2021 2y ago
Hart-Scott-Rodino Improvements Act requires FTC to approve all large M&A deals + DoJ needs to do antitrust review
https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/mergers/premerger-notification-merger-review-process https://www.ftc.gov/advice-guidance/competition-guidance/gui...
- JumpCrisscross 2y agoHSR is incredibly routine and politically insulated. It’s closer to a filing than actual review.
- slt2021 2y agoexcept when the government decides to intervene and reject the transaction. See, this seems like routine, but ultimately it gives the government an option to cancel transaction they dont like and they can always cite some bogus reason like "national security" and use racist pretext like ethnicity of the CEO or whatever
- JumpCrisscross 2y ago> it gives the government an option to cancel transaction they dont like Delay. It’s not a deferential review.