The fiscal year (FY) 2025 budget proposed by the Federal Trade Commission (FTC) seeks a 20 percent increase from its FY 2024 budget and an additional 55 employees to help support its mission.

The budget increase will be partially offset by increases in the Hart-Scott-Rodino filing fees, which now range from $30,000 to $2,335,000, depending on the size of the transaction.

As stated in FTC Chair Lina Khan’s May 15, 2024, prepared remarks before the House Appropriations Subcommittee, the FTC’s increased budget request and additional resources are necessary in part to continue the agency’s pursuit of “illegal mergers” in “markets for healthcare services.” According to Chair Khan, those mergers “threaten patients with higher cost and lower quality care and healthcare workers with lower wages and poorer working conditions.” She cited recent enforcement actions against hospital mergers in California and North Carolina as examples of the FTC’s efforts to protect competition in hospital markets. In addition, the agency will continue to focus on “[r]oll up strategies across sectors, including healthcare,” which require a review of “aggregate trends, not just isolated deals.”

The FTC’s increased budget request, along with the U.S. Department of Justice’s newly constituted Task Force on Health Care Monopolies and Collusion, augur sustained headwinds for health care-related transactions.

* * *

For additional information about the issues discussed above, or if you have any other antitrust concerns, please contact the Epstein Becker Green attorney who regularly handles your legal matters, or one of the authors of this Antitrust Byte:

E. John Steren
Member of the Firm
Patricia Wagner
General Counsel / Chief Privacy Officer
Jeremy Morris
Member of the Firm
Jump to Page

Privacy Preference Center

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.