Hart-Scott-Rodino Antitrust Improvements Act

The Hart-Scott-Rodino Antitrust Improvements Act is U.S. law requiring companies to notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) before completing large mergers or acquisitions. This review allows regulators to assess whether the deal could lessen competition or create a monopoly. If necessary, they can delay or block the transaction to protect competitive markets. The law promotes transparency and helps prevent anti-competitive practices before they happen, ensuring consumers and businesses are protected from potential harm caused by overly concentrated market power.