FTC uses “study authority” to review past non-HSR acquisitions

On 11 February 2020 Federal Trade Commission (FTC) announced that it has issued Special Orders to five large technology firms requiring them to “provide information about prior acquisitions not reported to the antitrust agencies under the Hart-Scott-Rodino (HSR) Act.” Two FTC Commissioners – one Republican and one Democrat – issued a separate statement calling for similar studies of non-HSR transactions in healthcare and other industries.

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