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June 29, 2006

Hart-Scott-Rodino: Feds adopt electronic filing

The Hart-Scott-Rodino Act requires that parties to certain mergers and acquisitions notify the FTC and DOJ and then wait for a designated period before completing the transaction.  Last week the feds adopted rules allowing merging parties to submit premerger notification filings electronically via the Internet.  The  new rules should speed processing and will allow parties to avoid costly and cumbersome duplication of documents.  Details are at the HSR web site,  https://www.hsr.gov/

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