Second Request To
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FAQ
Also known as a Request for Additional Information and Documentary Material. A comprehensive document, data, and interrogatory request issued by the Antitrust Division of the Department of Justice (DOJ) or the Federal Trade Commission (FTC).
In United States antitrust law, a second request is a discovery procedure by which the Federal Trade Commission and the Antitrust Division of the Justice Department investigate mergers and acquisitions which may have anticompetitive consequences.
Second request investigations vary in length depending on the companies and their industries. They generally take anywhere from three months to a year to complete.
A Second Request: Is a comprehensive document and interrogatory request issued to each of the parties to the transaction. Tolls the statutory time limit for the agency to complete its review until after each party has certified that it has substantially complied with the Second Request.
A Second Request typically asks for business documents and data that will inform the agency about the company's products or services, market conditions where the company does business, and the likely competitive effects of the merger.
