"Changes Good and Bad Coming to HSR Compliance"
Compliance Week, September 8, 2010
Jon Dubrow addressed the FTC's revised premerger Hart-Scott-Rodino reporting rules. One change will require an acquiring company to report its holdings between 5% and 50% of its associate entities with revenue that overlaps that of the acquired company. "This will be burdensome to those transactions that raise no legitimate competitive issues," he said. Mr. Dubrow advised acquirers to identify their associates as early as possible and determine how to secure the necessary information, but warned that such a process would be easier said than done because of the large volume of research and documents required. Mr. Dubrow added that the new rules could change depending on comments that the FTC receives and "how heated the comments are." To view the full article visit: www.complianceweek.com.