By John Eggerton, Multichannel News, 9-22-20
The Federal Trade Commission and Department of Justice are seeking comment on a couple of proposed changes to the automatic Hart Scott Rodino (HSR) antitrust reviews, which are required of large mergers (ones valued at at least $94 million).
The FTC and DOJ divide up antitrust reviews, with DOJ generally handling the media merger reviews.
The agencies are proposing to change the definition of the acquiring company to include “associates.” It is a way to capture the changes in the financial structure of acquiring entities by expanding the definition to capture “all entities a parent entity controls directly or indirectly and “all associates of the ultimate parent entity. » Read More