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slt2021 10 months ago

Hart-Scott-Rodino Improvements Act requires FTC to approve all large M&A deals + DoJ needs to do antitrust review

https://www.ftc.gov/advice-guidance/competition-guidance/gui...

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JumpCrisscross 10 months ago | parent [-]

HSR is incredibly routine and politically insulated. It’s closer to a filing than actual review.

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slt2021 10 months ago | parent [-]

except when the government decides to intervene and reject the transaction. See, this seems like routine, but ultimately it gives the government an option to cancel transaction they dont like and they can always cite some bogus reason like "national security" and use racist pretext like ethnicity of the CEO or whatever

	▲	JumpCrisscross 10 months ago \| parent [-]
		> it gives the government an option to cancel transaction they dont like Delay. It’s not a deferential review.