Private equity firms are looking at increased exposure to antitrust review. The proposed rule from the Federal Trade Commission and Justice Department’s Antitrust Division would expand the meaning of a “person” that must report a transaction for antitrust review under the Hart-Scott-Rodino Act. By proposing to broaden the scope of the term “person,” the agencies would subject a lot more private equity-backed deals to the federal antitrust review process that normally wouldn’t warrant scrutiny, said Kara Kuritz, an Antitrust counsel at Goodwin. Read the Bloomberg Law article here.
In The Press November 19, 2020