Today, AAI sent a letter to Speaker Pelosi and Minority Leader McCarthy regarding H.R. 3843, the Merger Filing Fee Modernization Act of 2022. The letter notes AAI’s support for the proposal to delineate new categories of merger filing fees for billion-dollar mergers that are outlined in Title 1, Section 101(1)(D)(4-6), “Modification of Premerger Notification Filing Fees.” AAI recently released the white paper, What Does the Billion-Dollar Deal Mean for Stronger Merger Enforcement? The findings in the AAI paper strongly support the proposal in H.R. 3843 for more specificity in filing fees for billion-dollar mergers and additional agency resources. Additional resources are needed to enable the U.S. Department of Justice Antitrust Division and the Federal Trade Commission to review and investigate billion-dollar deals, which have an outsized impact on enforcement and associated implications for the allocation of scarce agency resources.