A PYMNTS Company

US: FTC and DOJ approve changes to HSR

By  |  June 30, 2019

The Federal Trade Commission (FTC), with the concurrence of the Antitrust Division of the US Department of Justice, has approved amendments to the Hart-Scott-Rodino Rules and to the instructions for filling out the Antitrust Act Notification and Report Form (known also as the HSR Form).

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Companies use the HSR Form to report a proposed merger, acquisition, or similar transaction under the Hart-Scott-Rodino Antitrust Improvements Act. The FTC will amend the HSR Rules and the HSR Form’s filing instructions to incorporate the new 10-digit North American Product Classification System—or NAPCS—codes introduced by the Census Bureau, and the updated 6-digit North American Industry Classification System—or NAICS—codes. Beginning three months from the date the notice below is published in the Federal Register, filers submitting data on non-manufacturing revenue will be required to use 6-digit NAICS codes.

    The Commission vote to approve the amendments to the Hart-Scott-Rodino Rules was 5-0.

    Full Content: FTC

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.