This Cornerstone Research report provides analyses of merger enforcement activity by merger size, industry, and agency in the United States. For attorneys and corporations involved in mergers, our report provides context for evaluating possible outcomes of individual cases as they proceed through the enforcement process. The report analyzes data from the annual Hart-Scott-Rodino reports that the Federal Trade Commission and Department of Justice filed jointly to Congress.
Trends in Merger Investigations and Enforcement at the U.S. Antitrust Agencies
FY 2023
Trends in Merger Investigations and Enforcement
In FY 2023, merger transactions, investigations, and second requests decreased sharply from the prior fiscal year.
FY 2022
Trends in Merger Investigations and Enforcement
In fiscal year 2022, merger transactions and second requests decreased from the prior year.
FY 2011-2022
Trends in Merger Investigations and Enforcement
Data released by the FTC Bureau of Competition’s Premerger Notification Office indicate that reported merger transactions were up in FY 2021 and FY 2022 compared to FY 2020 and historical averages.
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