M&A lawyers are cheering the Federal Trade Commission’s return to a tool to speed up the deals approval process, even as companies have been slow to embrace it.
The FTC is encouraging practitioners to request “early termination” of the agency’s review process, which the agency banned under the leadership of Lina Khan in the Biden administration. Early termination grants a swift end to reviews of transactions that don’t pose antitrust risk, shortening the process for companies fulfilling premerger filing requirements under the Hart-Scott-Rodino Act.
“It was abundantly clear that this was serving no useful purpose,” Bruce Hoffman, an antitrust partner ...
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