SIIA, along with 18 other organizations, expresses concerns about the proposed changes to the HSR filing process. While they believe wholesale revisions are unnecessary, they urge the FTC and DOJ to consider a modified rule. Recent statements suggest significant differences from the proposed rule, which is welcomed due to the burdens it would impose. Legal requirements necessitate a reproposal for substantially modified rules. Withdrawal of the original proposal is urged to allow for a new notice and comment process to evaluate potential impacts on U.S. merger policy and capital markets.
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