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FTC Announces 2025 Jurisdictional Threshold Updates for Interlocking Directorates and HSR Filing Thresholds

On January 10, 2025, the Federal Trade Commission (FTC) announced revised jurisdictional thresholds for determining whether a proposed transaction must be reported to federal authorities under the Hart-Scott-Rodino (HSR)...more

Record “Gun Jumping” Penalty Imposed by FTC

Oil companies ordered to pay $5.6 million for exerting beneficial control before the expiration of the mandatory HSR waiting period. On January 7, 2025, the Federal Trade Commission (“FTC”) filed and resolved a merger...more

DOJ Releases Updated Antitrust Compliance Program Guidance

Last week DOJ published an updated version of its guidance on the Evaluation of Corporate Compliance Programs in Criminal Antitrust Investigations (“Guidance”). These updates refresh the guidance originally issued in 2019,...more

New HSR Rules Scheduled to Go Into Effect on February 10, 2025

In October, the Federal Trade Commission (FTC) unanimously voted to finalize changes to the premerger notification form and rules implementing the Hart-Scott-Rodino (HSR) Act. On November 12, that rulemaking was published in...more

Court Grants Injunction to Pause Handbag Merger

On Thursday, October 24, 2024, a New York federal judge granted the Federal Trade Commission’s request for a preliminary injunction to halt the merger between Tapestry Inc. and Capri Holdings Ltd. The court held that the...more

HSR Final Rule

Major New - Requirements On October 10, 2024, the Federal Trade Commission (“FTC”) approved new rules for reporting mergers and acquisitions to the FTC and the Department of Justice (DOJ) under the Hart-Scott-Rodino...more

FTC Announces 2024 Jurisdictional Threshold Updates for Interlocking Directorates and HSR Filing Thresholds

On January 22, 2024, the Federal Trade Commission (FTC) announced revised jurisdictional thresholds for determining whether a proposed transaction must be reported to federal authorities under the Hart-Scott-Rodino (HSR)...more

FTC and DOJ Issue New Merger Guidelines

On December 18, 2023, the U.S. antitrust enforcers, the Federal Trade Commission (“FTC”) and the Antitrust Division of the Department of Justice (“DOJ”) (collectively, the “Agencies”), issued their final Merger Guidelines...more

FTC and DOJ Announce New Enforcement Actions Against Interlocking Directorates

On August 16, 2023, the US Federal Trade Commission (“FTC”) brought its first enforcement action under Section 8 of the Clayton Act in 40 years. At the same time, the US Department of Justice’s Antitrust Division (“DOJ” and...more

FTC and DOJ Announce New Draft Merger Guidelines

vOn July 19, 2023, the U.S. antitrust enforcers, the Federal Trade Commission (“FTC”) and the Antitrust Division of the Department of Justice (“DOJ”) (collectively, the “Agencies”), released draft merger guidelines for public...more

FTC and DOJ jointly announced proposed changes to the HSR premerger notification form

On June 27, 2023, the FTC and DOJ (the Agencies) jointly announced proposed changes to the HSR premerger notification form. The Notice of Proposed Rulemaking, which appeared in the Federal Register, includes provisions that...more

FTC Updates the Size of Transaction Thresholds for Premerger Notification Filings

On January 23, 2023, the Federal Trade Commission (FTC) announced revised jurisdictional thresholds for determining whether a proposed transaction must be reported to federal authorities under the Hart-Scott-Rodino (HSR)...more

The FTC's Aggressive New Section 5 Policy

On November 10, 2022, the US Federal Trade Commission issued a new Policy Statement indicating that the current Commission plans to expand its use of Section 5 of the FTC Act. Such an expansion would constitute a significant...more

FTC Announces Increased Hart-Scott-Rodino Thresholds

On January 24, 2022, the Federal Trade Commission (FTC) announced revised jurisdictional thresholds for determining whether a proposed transaction must be reported to federal authorities under the Hart-Scott-Rodino (HSR)...more

Executive Order Restrains Use of No-Poach & Non-Compete Clauses

As summarized in the July 9, 2021 King & Spalding Client Alert, President Biden issued an executive order on July 9, 2021 designed to enhance competition across multiple sectors of the U.S. economy. One of the order’s key...more

White House Issues Executive Order on Promoting Competition in the American Economy

The White House announced today that President Joe Biden issued an expansive executive order designed to enhance competition across multiple sectors of the U.S. economy, including healthcare, technology, internet service,...more

Second Criminal No-Poach Case Brought by DOJ

On January 7, 2021, the Antitrust Division of the U.S. Department of Justice announced a two-count indictment of Surgical Care Affiliates LLC (“SCA”), which owns and operates outpatient medical care centers across the...more

DOJ Brings First Criminal Wage Fixing Complaint

On December 10, 2020, the Antitrust Division of the U.S. Department of Justice announced the indictment of Neeraj Jindal, a former owner of a therapist staffing company, for a criminal conspiracy to fix wages paid to physical...more

Proposed HSR Rule Changes to Increase Investment Fund Reporting, Exempt Minority Acquisitions by Activist Investors

On Monday, September 21, 2020, the Federal Trade Commission, with the support of the Department of Justice’s Antitrust Division, proposed changes to the rules governing merger notification under the Hart-Scott-Rodino Act of...more

DOJ Updates Merger Remedies Manual

On Thursday, September 3, 2020, the Department of Justice’s Antitrust Division issued a revised Merger Remedies Manual (the “Manual”), which outlines the agency’s policies regarding merger remedies in transactions that raise...more

DOJ “Strike Force” Targets Antitrust Violations in Government Contracting

On November 5, 2019, the Justice Department announced the creation of a nationwide "strike force" to address criminal antitrust violations impacting government contracting, such as price fixing and bid rigging. The strike...more

FTC Wins Sanford Health/Mid Dakota Merger Appeal in Eighth Circuit

On June 13, 2019, the Eighth Circuit affirmed the district court’s grant of a preliminary injunction blocking the proposed merger of North Dakota healthcare providers Sanford Health, Sanford Bismarck (collectively, “Sanford”)...more

FTC Announces Increased Hart-Scott-Rodino Thresholds

On February 15, 2019, the Federal Trade Commission (FTC) announced revised jurisdictional thresholds for determining whether a proposed transaction must be reported to federal authorities under the Hart-Scott-Rodino (HSR)...more

Trump Administration Calls for Heightened Scrutiny of Competition in the Healthcare Industry

The Department of Health and Human Services (the “Department”), in conjunction with the Treasury Department, the Federal Trade Commission, and the Department of Labor, recently issued a report describing a number of concerns...more

FTC Broadens HSR Reporting Requirements for Non-Profit Hospital Combinations

The Premerger Notification Office (“PNO”) of the Federal Trade Commission recently announced it would change how it and the Department of Justice evaluate transactions that involve the combination of one or more...more

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