Antitrust & Federal Regulation Advisory: Revisions to HSR Rules May Increase Reporting Burden for Investment Funds and Certain Multinational Businesses
7/11/2011
The Federal Trade Commission and the Department of Justice recently announced amendments to the rules and reporting requirements associated with premerger notification filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The agencies have said that they anticipate that the changes will reduce the filing burden on parties, streamline the HSR form, and expedite the filing process. However, in certain circumstances, the amendments may actually increase the filing burden on some parties by creating new or expanded disclosure obligations.
