Pub K
Congress Increases Merger Filing Fees, Adds Subsidy Reporting Requirements, and Allows State AGs to Block MDL Consolidation
Jenner & Block – President Biden signed the Merger Filing Fee Modernization Act of 2022, bringing notable changes to the merger filing process and state antitrust enforcement. The Act does the following: 1) Dramatically increases merger filing fees for the largest transactions while decreasing fees for middle-market deals; 2) Requires disclosure of certain foreign subsidies; and 3) Allows state attorneys general to avoid consolidation of state antitrust cases into multidistrict litigation.