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HSR Early Terminations per Month

Mergers the FTC and DOJ cleared before the end of the Hart-Scott-Rodino waiting period, by month granted

86 in Sep 2026+83 since Sep 2024

Plays the chart through its history. Pauses are where the data set a record or moved most.

The agencies all but stopped granting early termination from February 2021 until the new HSR form took effect in February 2025: the zeros in between are policy, not a lack of deals. Starts in 2014; the FTC's published list is incomplete before then.

Deals cleared early because they raised no competitive concern. In normal times the count follows the flow of routine sizeable deals; it also records antitrust policy, as the long suspension shows.

What this chart reads

Sources

HSR Early Terminations Granted per Month (FTC). Source: Federal Trade Commission, Early Termination Notices (ftc.gov/legal-library/browse/early-termination-notices; also api.ftc.gov/v0/hsr-early-termination-notices). Public domain: "Most material on the FTC's website is considered work of the United States Government, meaning that the material is in the public domain and is not subject to copyright restrictions (17 U.S.C. 105)" (FTC website policy). Source: United States Federal Trade Commission, www.ftc.gov.

Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.

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