Joseph Farside Jr.

Jan 14, 2025 | jdsupra.com | Daniel Anziska |Joseph Farside Jr. |Van Jolas

The Federal Trade Commission (FTC) announced the annual changes to the Hart-Scott-Rodino (HSR) Act notification thresholds. The HSR Act requires all persons contemplating certain mergers or acquisitions that meet or exceed the jurisdictional thresholds to file notification with the FTC and the Department of Justice and to wait a designated period of time before consummating such transactions. These thresholds are adjusted annually based on changes in the U.S. gross national product (GNP).

Jan 9, 2025 | jdsupra.com | Joseph Farside Jr. |Van Jolas |Barbara Sicalides

The Federal Trade Commission (FTC) and the Department of Justice, Antitrust Division (DOJ) announced a record-setting $5.6 million gun-jumping fine related to Verdun Oil Company II LLC's acquisition of EP Energy LLC. Although the parties agreed to divest certain operations pursuant to a 2022 consent decree to address competition issues, the current action did not allege new concerns about the post-closing effects of the transaction on competition.

Oct 14, 2024 | jdsupra.com | Joseph Farside Jr. |Van Jolas |Barbara Sicalides

After what is described as "intense negotiations" among the commissioners, the Federal Trade Commission (FTC) has unanimously approved a substantial overhaul to the rules governing the documents and information that must be submitted as part of the parties' premerger notification filings under the Hart-Scott-Rodino Antitrust Improvements (HSR) Act.

Feb 1, 2024 | jdsupra.com | Joseph Farside Jr. |Van Jolas

February 1, 2024 To embed, copy and paste the code into your website or blog: The FTC has increased the HSR filing thresholds for transactions that will close on or after a date in the last week of February, to be determined.

Jul 3, 2023 | jdsupra.com | Joseph Farside Jr. |Van Jolas

July 3, 2023 To embed, copy and paste the code into your website or blog: On June 27, 2023, the Federal Trade Commission (“FTC”), with the collaboration and concurrence of the Department of Justice’s Antitrust Division, issued a Notice of Proposed Rulemaking proposing dramatic amendments to the premerger notification rules that implement the Hart-Scott-Rodino Antitrust Improvements Act (the “HSR Act”), the Premerger Notification Report Form and the instructions thereto and a sweeping redesign...