On January 7, 2025, the U.S. Department of Justice (DOJ) filed suit against three Texas-based crude oil companies—XCL Resources Holdings, LLC (XCL), Verdun Oil Company II, LLC (Verdun), and EP Energy LLC (EP)—alleging...more
1/14/2025
/ Acquisitions ,
Antitrust Violations ,
Civil Monetary Penalty ,
Contract Terms ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Gun-Jumping ,
Hart-Scott-Rodino Act ,
Mergers ,
Oil & Gas ,
Pre-Merger Filing Requirements ,
Purchase Agreement
On January 10, 2025, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the HSR Act). Because of this year's...more
1/14/2025
/ Acquisitions ,
Antitrust Provisions ,
Competition ,
Department of Justice (DOJ) ,
Federal Trade Commission (FTC) ,
Hart-Scott-Rodino Act ,
Jurisdictional Thresholds ,
Mergers ,
Size of Persons Test ,
Size of Transaction Test ,
Threshold Requirements
On November 12, 2024, the Federal Trade Commission's (FTC) previously announced final rule expanding the scope of premerger filings under the Hart-Scott-Rodino (HSR) Act was formally published in the Federal Register....more
On October 10, 2024, the Federal Trade Commission (FTC) unanimously approved a final rule that makes sweeping changes to the substance of premerger notifications required under the Hart-Scott-Rodino (HSR) Act....more
On September 18, 2024, the Federal Trade Commission (FTC) announced that Ryan Cohen, an entrepreneur and the current chairman and CEO of GameStop Corp., has agreed to pay $985,320 to settle charges that his acquisition of...more
9/24/2024
/ Acquisitions ,
Civil Monetary Penalty ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Filing Requirements ,
Hart-Scott-Rodino Act ,
Investment-Only Exemption ,
Personal Liability ,
Shareholders ,
Stock Purchase Agreement ,
Threshold Requirements ,
Voting Securities ,
Wells Fargo
On April 23, 2024, the Federal Trade Commission (FTC) greenlit a sweeping prohibition on the use of noncompete agreements by for-profit employers nationwide. In a party-line vote, the FTC voted 3–2 to approve a final rule...more
5/6/2024
/ Biden Administration ,
Chamber of Commerce ,
Employer Liability Issues ,
Employment Contract ,
Exemptions ,
Federal Trade Commission (FTC) ,
Final Rules ,
FTC Act ,
Non-Compete Agreements ,
Restrictive Covenants ,
Unfair Competition
On January 22, 2024, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). Because of this year's...more
Merger control in the United States is on the cusp of significant change as the Federal Trade Commission, in collaboration with the Department of Justice, prepares to finalize a proposed rule—first announced in June—that will...more
10/6/2023
/ Antitrust Division ,
Antitrust Provisions ,
Department of Justice (DOJ) ,
Federal Trade Commission (FTC) ,
Hart-Scott-Rodino Act ,
Hospitals ,
Merger Controls ,
Mergers ,
NAICS ,
Premerger Notifications ,
Proposed Rules ,
Regulatory Reform ,
Size of Persons Test ,
Size of Transaction Test ,
State Action Immunity ,
Threshold Requirements
On February 3, 2023, the Antitrust Division of the Department of Justice (DOJ) withdrew its nearly 30-year-old guidance on information exchanges in the healthcare industry, including the "safety zone" for benchmarking that...more
On January 23, 2023, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). Because of this year's adjustments,...more