The Federal Trade Commission (FTC) has announced increases to the notification thresholds under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act, which requires pre-merger notification of certain transactions to the FTC and the Antitrust Division of the U.S. Department of Justice.
The FTC is required to revise the thresholds annually based on the change in gross national product.
The revised thresholds will apply to all transactions that close on or after the effective date, which is February 27, 2020 (30 days after notice of the increased thresholds is published in the Federal Register).