All of the following are true of the Hart-Scott-Rodino Antitrust Improvements Act except for
A) Acquisitions involving firms of a certain size cannot be completed until certain information is supplied to the FTC
B) Only the acquiring firm is required to file with the FTC
C) An acquiring firm may agree to divest certain businesses following the completion of a transaction in order to get regulatory approval.
D) The Act is intended to give regulators time to determine whether the proposed combination is anti-competitive.
E) The FTC may file a lawsuit to block a proposed transaction

Question

Quizplus · Accepted Answer

All of the statements are true except for B, which is false. Both the acquiring firm and the target firm are required to file with the FTC.

All of the Following Are True of the Hart-Scott-Rodino Antitrust