Cadwalader attorneys reviewed the DOJ and FTC Annual Hart-Scott-Rodino Report for fiscal year 2018.
The report summarizes FTC and DOJ actions conducted under the Hart-Scott-Rodino Antitrust Improvements Act between October 1, 2017 and September 30, 2018.
The attorneys highlighted statistical findings from the report, including:
- the total number of HSR filings increased by 2.9 percent in fiscal year 2018 (2,111 transactions reported) as compared to fiscal year 2017 (2,052 transactions reported);
- the overall number of merger investigations in which Second Requests were issued in fiscal year 2018 decreased as compared to the previous year;
- there was in increase in transactions challenged by either the FTC or DOJ where Second Requests were issued;
- there was a slight decrease in the percentage of early termination requests; and
- the number of corrective filings and related enforcement actions decreased.
This memorandum was authored by Joel Mitnick and Ngoc Hulbig.
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