Hart-Scott-Rodino (Premerger Notification) Rules and Report Form
Revision of a currently approved collection
No
Regular
11/12/2024
Requested
Previously Approved
36 Months From Approved
02/28/2026
10,624
7,109
501,599
262,579
0
0
The Federal Trade Commission (âFTCâ or âCommissionâ) seeks Office of Management and Budget (âOMBâ) clearance for revised reporting requirements under its Hart-Scott-Rodino Antitrust Improvements Act Rules and corresponding Premerger Notification and Report Form for Certain Mergers and Acquisitions. On June 29, 2023, the FTC submitted a Notice of Proposed Rulemaking (âNPRMâ) and an accompanying Supporting Statement to the OMB for review under the Paperwork Reduction Act (âPRAâ). On July 7, 2023, OMB directed the Commission to resubmit its request when the proposed rule was finalized. The Final Rule was promulgated on November 12, 2024, and will be effective on February 10, 2025. The Commission is now submitting the Final Rule amendments and a Supplemental Supporting Statement to OMB.
The changes to the HSR Rules and Notification and Report Form are expected to increase the burden on the affected members of the public by 239,020 annual hours from the currently cleared amount of 262,579 annual hours. The currently cleared total annual labor costs (currently estimated at $120,786,340) would increase by approximately $139,300,000.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.