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US State Regulatory Spotlight on Healthcare Transactions: Reflections From 2024

State-level oversight of M&A and other strategic transactions involving healthcare is continuing to expand into new markets and impact growth strategies. The interest and need for healthcare services transactions in the...more

FTC Adopts Major Changes to the HSR Merger Notification Form

Effective mid-January 2025, the FTC’s new HSR notification process will significantly increase the time and content required to file M&A notifications under the HSR Act. On October 10, 2024, the Federal Trade Commission...more

FTC Adopts Major Changes to HSR Merger Notification Form

Effective mid-January 2025, the FTC’s new HSR notification process will significantly increase the burden and cost of filing M&A notifications under the HSR Act. On October 10, 2024, the US Federal Trade Commission (FTC)...more

US Regulators Announce Inquiry Into Healthcare Consolidation

Companies should prepare for increased regulatory scrutiny into healthcare transactions and increased emphasis on compliance programs. The Federal Trade Commission (FTC), the Department of Justice (DOJ), and the...more

Annual HSR Threshold Adjustments Announced for 2024

FTC adjusts the Hart-Scott-Rodino Act size thresholds, raising the minimum size for reportable acquisitions to $119.5 million. On January 22, 2024, the Federal Trade Commission (FTC) announced new jurisdictional...more

Enforcement of “Interlocking Directorates” Accelerates With DOJ-Announced Resignations and FTC Consent Agreement

Companies should take a proactive approach as US antitrust agencies continue to enforce Section 8 of the Clayton Act. The Federal Trade Commission (FTC) and the US Department of Justice (DOJ) Antitrust Division (the...more

The DOJ and FTC Draft Merger Guidelines: Key Takeaways

The draft guidelines for applying US antitrust laws to merger investigations depart from prior guidance and seek to roll back decades of legal precedent on merger enforcement. Competitive effects analyses are out;...more

FTC and DOJ Propose More Demanding and Lengthy HSR Filing Process

The agencies’ proposed rulemaking would add significant complexity, substance, and time to US antitrust premerger notifications. On June 27, 2023, the Federal Trade Commission (FTC) in collaboration with the US Department...more

5 Key Numbers: US Antitrust Insights for Manufacturers About Right-to-Repair Enforcement

Private plaintiffs and government enforcers are aggressively attempting to revive antitrust theories challenging manufacturers’ policies that impact consumers’ “right to repair.” Manufacturers’ policies that impact how...more

Annual HSR Threshold Adjustments Announced for 2023

FTC adjusts the Hart-Scott-Rodino Act size thresholds, raising the minimum size for reportable acquisitions to $111.4 million. On January 23, 2023, the Federal Trade Commission (FTC) announced new jurisdictional thresholds...more

US Legislation Implements New Filing Fees, Adds Foreign Subsidy Disclosure Requirements to HSR Rules

Congress passes the Merger Filing Fee Modernization Act of 2022, changing Hart-ScottRodino Act filing fees and adding disclosure requirements for certain foreign subsidies. On December 23, 2022, as part of a broader...more

DOJ Investigating “Interlocking Directorates” in PE Industry

In its latest step to elevate antitrust scrutiny of private equity, DOJ launches a series of investigations of board seats under Section 8 of the Clayton Act. The US Department of Justice (DOJ) recently began sending...more

US Federal Judge: Efficiencies Analysis Inadmissible in Antitrust Merger Trial

A recent US federal district court ruling finding a defendant’s evidence of cost savings inadmissible could change how efficiencies evidence is presented in merger cases. A US federal district court ruling last month has...more

PE Sponsor and Majority-Owned Portfolio Company Considered Single Entity Under the Sherman Act

PE firms with non-competitor, majority-owned portfolio companies will face reduced risks of antitrust liability under Section 1 of the Sherman Act in the Eleventh Circuit. On May 24, 2022, the United States Court of...more

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