This Cornerstone Research report provides analyses of merger enforcement activity by merger size, industry, and agency in the United States. For attorneys and corporations involved in mergers, our report provides context for evaluating possible outcomes of individual cases as they proceed through the enforcement process. The report analyzes data from the previous 10 annual Hart-Scott-Rodino reports that the Federal Trade Commission and Department of Justice filed jointly to Congress.
Trends in Merger Investigations and Enforcement at the U.S. Antitrust Agencies
Fiscal Years 2011-2022
Trends in Merger Investigations and Enforcement
Data released by the FTC Bureau of Competition’s Premerger Notification Office indicate that reported merger transactions were up in FY 2021 and FY 2022 compared to FY 2020 and historical averages.
Fiscal Years 2010–2020
Trends in Merger Investigations and Enforcement
The number of merger transactions reported to U.S. government agencies continued to rise in fiscal year 2019, but showed signs of leveling off.
Midyear FY 2020 Update
Trends in Merger Investigations and Enforcement
The number of merger transactions reported to U.S. government agencies declined in the second quarter of 2020 as the coronavirus pandemic hit the United States.
Chicago 
Contact Us
If you have any questions about this research or are looking for a previous version of this report, contact us for assistance.