DOJ/FTC Merger Investigation Process


Summary

This practice note discusses the investigative methods the DOJ and FTC employ under the Hart-Scott-Rodino (HSR) Act, 15 U.S.C. § 18a to conduct substantive reviews of transactions, including more in-depth reviews involving Second Requests, as well as the key issues that practitioners and parties may want to consider at each stage of the review process. In addition, this Practice Note briefly discusses how the DOJ and FTC approach investigations of non-HSR reportable transactions.