FTC and DOJ Temporarily Suspend HSR Early Terminations

The Federal Trade Commission with support from the Justice Department will temporarily suspend reviewing the processes and procedures used to grant early termination to filings made under the Hart-Scott-Rodino Act.

• FTC cites transition to new Administration and unprecedented volume of HSR filings
  • “The law provides 30 days for the agencies to review the competitive implications of transactions. Given the confluence of an historically unprecedented volume of filings during a leadership transition amid a pandemic, we will presume we need those 30 days to ensure we are doing right by competition and consumers,” said Rebecca Kelly Slaughter, Acting Chairwoman of the ...