FTC urged to extend comment period for proposed rule on premerger notification

The AHA July 17 joined the U.S. Chamber of Commerce and other organizations in urging the Federal Trade Commission to extend for 60 days the comment period for recently proposed changes to the premerger notification rules, form and instructions implementing the Hart-Scott-Rodino Antitrust Improvements Act. 
 
“An extension would serve the interests of both the public and the agencies by allowing adequate time for more fulsome responses on a proposal that could reshape U.S. merger policy, business activity, and capital markets,” the organizations wrote, noting that the 133-page proposal solicits feedback “on numerous specific ideas that touch upon complex questions of markets, labor, capital, regulatory costs, and attorney-client privilege. Every question could, by itself, easily produce a highly substantive and lengthy response.”