Beginning in July 2020, increased interest in levels of M&A activity resulted in the Bureau of Competition’s Premerger Notification Office (PNO) publishing monthly figures for Hart-Scott-Rodino (HSR) Act transactions. The latest monthly update from the PNO is for March 2022 and noted 223 reported transactions. This is the second-highest number of monthly reported transactions in the month of March between FY 2001 and FY 2022. However, it is lower than the reported March transactions in the previous fiscal year of 2021.

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