HSR Form Changes: Navigating the New Landscape

Antitrust premerger notification just became more complex. The Hart-Scott-Rodino (HSR) Act premerger form underwent substantial changes in February 2025, requiring significantly more information from merging parties. Host Rita Sinkfield Belin and her Skadden colleagues Joe Rancour and Joe Ciani-Dausch offer insights on the new requirements. The discussion highlights the 10 most notable changes, explores how these updates are being implemented and provides initial observations on what may lie ahead.💡 Meet Your Host 💡Name: Rita Sinkfield BelinTitle: Counsel, Antitrust/CompetitionSpecialty: Rita advises on the Hart-Scott-Rodino (HSR) Act review process required to obtain federal antitrust approval for various types of acquisitions, including large, complex M&A and joint venture transactions.Connect: LinkedIn💡 Featured Guests 💡Name: Joe Ciani-DauschWhat he does: Joe represents clients in antitrust aspects of mergers and acquisitions, litigation at the trial and appellate court levels, arbitration and counseling.Organization: SkaddenWords of wisdom: “The FTC itself estimated that it would take three times as much time on average to prepare the filing, even more in the case where there are overlaps between the parties. And, as we're preparing filings under the new rules, we're definitely seeing that that is, if anything, I think an underestimate.”Connect: LinkedIn Name: Joe RancourWhat he does: Joe represents clients in connection with antitrust aspects of mergers and acquisitions, investigations, counseling and litigation.Organization: SkaddenWords of wisdom: "Preparation and self-awareness are going to be the name of the game under the new regime. The aperture is widening in terms of what the government's going to see early in the process. And that doesn't mean that it's a cause for concern. It means that you have to know what's in your files."Connect: LinkedInConnect with Skadden☑️ Follow us on X and LinkedIn.☑️ Subscribe to Fierce Competition on Apple Podcasts, Spotify, or your favorite podcast app.Fierce Competition is a podcast by Skadden, Arps, Slate, Meagher & Flom LLP, and Affiliates. This podcast is provided for educational and informational purposes only and is not intended and should not be construed as legal advice. This podcast is considered advertising under applicable state laws.