The 2025 Emerging Trends in Antitrust report highlights rising M\&A activity, with 2,079 HSR filings in 2024 compared to 1,805 in 2023, signaling intensified regulatory scrutiny. DOJ and FTC changes to HSR rules now require broader document production, especially impacting industries like tech, healthcare, and pharma. Private antitrust litigation is also surging, with $8.41B in settlements in 2024. Key challenges include handling cloud attachments, chat data, and modern sources while meeting compressed timelines. AI advancements—TAR integration, privilege automation, and image analysis—are reshaping review, enabling speed, accuracy, and defensibility in Second Requests.

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