March 15, 2006
The Federal Trade Commission (FTC or the Commission) Chairman Deborah Platt Majoras issued an official statement titled “Reforms to the Merger Review Process.” The 31-page statement – the first in what reportedly will be a series of statements – is the product of a year-long effort by the Commission’s Merger Process Task Force. The announced reforms aim to address a perennial concern of merger lawyers and the business community: the increasing cost, time, and burden associated with "second request" compliance.Federal Trade Commission Announces Reforms to Second Request Process (PDF, 547.14 K)
