FTC, DOJ Suspending Early Terminations Pending Review of Standards

The FTC and DOJ announced today that they would be suspending the “discretionary” early termination process because of the “transition to a new administration” and the “unprecedented volume” of HSR filings for the start of a fiscal year. They are doing this so they can “[review] the processes and procedures used to grant early termination.” They cite to a similar suspension in March 2020 when they implemented the electronic filing program because of COVID....
By: Kelley Drye & Warren LLP

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