Which act requires that both parties in a large M&A transaction file notifications and report forms to the FTC and the DOJ?

Question

Quizplus · Accepted Answer

The Hart-Scott-Rodino Act (HSR Act) requires that both parties in a large M&A transaction (above certain thresholds) file notifications and report forms to the Federal Trade Commission (FTC) and the Department of Justice (DOJ) at least 30 days before the transaction can be closed. This is to allow the agencies to review the transaction and possibly challenge it if they believe it will harm competition in the market.

Which Act Requires That Both Parties in a Large M&A