Companies with substantial assets must notify the FTC before undertaking a merger.

Name: Companies with substantial assets must notify the FTC before undertaking a merger.
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Question

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Under the Hart-Scott-Rodino Antitrust Improvements Act, companies with assets or transactions above certain thresholds must file a notification with the Federal Trade Commission (FTC) and the Department of Justice (DOJ) and wait for their review before completing a merger, acquisition, or transfer of securities or assets.

Companies with Substantial Assets Must Notify the FTC Before Undertaking