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Dear holder,<br>
<br>
As part of the Bureau of Competition's ongoing effort to improve the quality and efficiency of our merger review process, we are announcing the implementation of guidelines to be used in future merger investigations. This represents the first outcome of the Best Practices Review initiated in March of this year.
<BR>
<BR>
he Best Practices Review provided extensive and useful information, which we have taken into account in developing the policies discussed below. These policies are intended to accommodate two purposes: (1) to expedite the process of gathering useful and focused information, in order to facilitate our reviews of proposed mergers that are subject to a second request; and (2) to reduce burdens on the parties that have received second requests
<BR>
<BR>
This announcement is not intended to be the final outcome of our merger review process, which is constantly evolving to reflect changing times and circumstances.
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<B> Merger Review Guidelines for Future FTC Merger Investigations </B> Witnesses Will Be Able to Obtain Investigational Hearing Transcripts</LI>
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<B>Documents </B> - Documents Will No Longer Have to be Sorted or Identified by Specification </LI>
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<B> Policies</B>Policies Relating to Privilege and Waiver</LI>
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<B> Second Sweep </B> The "Second Sweep" Instruction </LI>
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We also believe that we can reduce the information we require in privilege logs without compromising our ability to conduct merger investigations.
<BR>
<BR>
Searching electronic files and submitting productions in an electronic format present challenges to a "one-size-fits-all" approach because of the great disparity in the types of electronic files maintained by companies and the mechanisms available for submitting documents electronically. <BR>
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Thanks for using our services
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<br>
Yours faithfully,
<br>
Federal Trade commission
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