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slt2021 2 years 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 2 years ago | parent [-]

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

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slt2021 2 years 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 2 years ago \| parent [-]
		> it gives the government an option to cancel transaction they dont like Delay. It’s not a deferential review.