Merger Filing Fee Modernization Act of 2022

Merger Filing Fee Modernization Act of 2022

This bill modifies and expands the schedule for graduated merger filing fees and requires that such fees be adjusted each year based on the Consumer Price Index. It also (1) requires parties to disclose in their premerger notification filings any subsidy received from a foreign entity of concern, (2) modifies the venue rules for multi-district antitrust litigation, and (3) establishes various reporting requirements.

Bill 117 HR 3843, also known as the Merger Filing Fee Modernization Act of 2022, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to update and modernize the filing fees required for mergers and acquisitions of companies.

Currently, the filing fees for mergers and acquisitions are based on a tiered system that has not been updated in many years. This bill aims to adjust these fees to better reflect the current market conditions and the size of the companies involved in the transactions.

The Merger Filing Fee Modernization Act of 2022 proposes to increase the filing fees for larger mergers and acquisitions, while reducing fees for smaller transactions. This is intended to make the fees more equitable and ensure that companies of all sizes are paying their fair share. Additionally, the bill includes provisions to streamline the filing process and improve transparency in the merger review process. This is aimed at making it easier for companies to navigate the regulatory requirements and ensure that mergers and acquisitions are conducted in a fair and competitive manner. Overall, the Merger Filing Fee Modernization Act of 2022 is a bipartisan effort to update and modernize the filing fees for mergers and acquisitions in order to promote fairness and transparency in the marketplace.