News & Analysis as of

Antitrust Provisions Size of Transaction Test Threshold Requirements

Jenner & Block

U.S. Antitrust Agencies Propose Sweeping Changes to the HSR Premerger Notification Program

Jenner & Block on

On June 27, 2023, the Federal Trade Commission (“FTC”) in collaboration with the Department of Justice (“DOJ”) announced a proposal to overhaul the Hart-Scott-Rodino (HSR) Act premerger notification program. If adopted, the...more

Bracewell LLP

FTC Announces 2024 Increase in HSR Notification Thresholds and Filing Fees

Bracewell LLP on

The Federal Trade Commission (FTC) has announced the annual revisions to the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) thresholds and HSR filing fees, which will become effective on March 6, 2024. The revised...more

Holland & Knight LLP

Revised Hart-Scott-Rodino Thresholds Take Effect March 6, 2024

Holland & Knight LLP on

The Federal Trade Commission (FTC) recently announced revisions to the thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR), which will apply to all transactions closing on or after March 6, 2024....more

Epstein Becker & Green

Revised HSR Thresholds Announced

On January 22, 2024, the Federal Trade Commission (FTC) approved revised thresholds and filing fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR)....more

Faegre Drinker Biddle & Reath LLP

New HSR Act Size-of-Transaction Increasing to $119.5 Million; Filing Fee Increases Going Into Effect Soon

On January 22, 2024, the Federal Trade Commission (FTC) published its adjusted reporting thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). The FTC revises the HSR Act thresholds...more

Morgan Lewis

Biden Administration’s HSR Data: 7 Key Takeaways (and Some Surprises)

Morgan Lewis on

The Federal Trade Commission (FTC) recently released the Hart-Scott-Rodino Annual Report for Fiscal Year 2022 (the Report)1 , which includes Hart-Scott-Rodino Act filing (HSR filing) statistics for the most recent year...more

Vedder Price

FTC Increases HSR Thresholds and Clayton 8 Thresholds

Vedder Price on

On January 22, the FTC announced updated dollar thresholds triggering the bar on interlocking officers and directors under Section 8 of the Clayton Act, 15 U.S.C. § 19. Section 8 of the Clayton Act prohibits one person from...more

A&O Shearman

FTC announces increase in HSR filing thresholds and increase to HSR premerger filing fees

A&O Shearman on

The FTC revises the jurisdictional and filing fee thresholds annually based on the change in gross national product. The FTC also revises filing fees annually based on changes to the consumer price index under Division GG of...more

A&O Shearman

2024 Increases to HSR Thresholds, Filing Fees, HSR Penalties and Interlocking Directorate Thresholds

A&O Shearman on

The Federal Trade Commission (“FTC”) has announced updated filing thresholds and related filing fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”). The new HSR Act thresholds will...more

Morgan Lewis

FTC Increases HSR Act Thresholds and Filing Fees for 2024

Morgan Lewis on

The Federal Trade Commission (FTC) announced on January 22, 2024 that it will increase the Hart­-Scott­Rodino Act (HSR Act) jurisdictional filing thresholds and fees, which will go into effect 30 days after the pending...more

Wilson Sonsini Goodrich & Rosati

2024 HSR Act Adjusted Filing Thresholds

On January 22, 2024, the Federal Trade Commission (FTC) released the revised Hart-Scott-Rodino (HSR) Act jurisdictional thresholds for 2024. The FTC is required by law to revise the HSR Act monetary jurisdictional thresholds...more

Hogan Lovells

New HSR and interlocking directorate thresholds announced for 2024

Hogan Lovells on

On January 22, 2024, the Federal Trade Commission (FTC) announced the annual jurisdictional adjustments for premerger notification filings made pursuant to Section 7A of the Clayton Act, known as the Hart-Scott-Rodino...more

Brownstein Hyatt Farber Schreck

The FTC Announces Increased HSR Thresholds for 2024

On Jan. 22, 2024, the Federal Trade Commission announced the 2024 adjusted thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”). The HSR Act notification requirements apply to transactions...more

Venable LLP

FTC Set to Reshape HSR Premerger Notification Process

Venable LLP on

Merger control in the United States is on the cusp of significant change as the Federal Trade Commission, in collaboration with the Department of Justice, prepares to finalize a proposed rule—first announced in June—that will...more

Epstein Becker & Green

New HSR Filing Fee Tier System in Effect

Epstein Becker & Green on

On February 27, 2023, the new Hart-Scott-Rodino (HSR) filing thresholds took effect. The size-of-transaction threshold changed from $101 million to $111.4 million, as the values are adjusted annually based on the change in...more

BCLP

FTC announces 2023 thresholds under HSR Act and Clayton Act

BCLP on

The Federal Trade Commission announced the annual revised thresholds for merger notifications under the Hart Scott-Rodino Antitrust Improvements act of 1976, as amended (“HSR Act”). The thresholds are revised annually based...more

ArentFox Schiff

Most Significant Hart-Scott-Rodino (HSR) Changes in Decades Signal Rise in Antitrust Enforcement, and Need for Enhanced M&A...

ArentFox Schiff on

The Federal Trade Commission (FTC) recently announced revised jurisdictional and filing fee thresholds for the Hart-Scott-Rodino (HSR) Act. These include annual revisions to filing thresholds and a new six-tier filing fee...more

Vinson & Elkins LLP

2023 Annual Updates to the United States Pre-Merger Notification (HSR Act) and Interlocking Directorates Thresholds

Vinson & Elkins LLP on

The Federal Trade Commission (“FTC”) has revised the thresholds that govern pre-merger notification requirements under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), and Section 8 of the...more

Bennett Jones LLP

Competition Act Review Threshold Remains Same for Third Year in Row While Investment Canada Act Review Threshold Increases for...

Bennett Jones LLP on

For the third year in a row the Competition Bureau announced that the transaction-size threshold for pre-merger notification under the Competition Act will be $93 million....more

Stikeman Elliott LLP

Despite High Inflation, Canadian Government Holds Merger Review Threshold Steady

Stikeman Elliott LLP on

For the second year in a row the Canadian government has maintained the transaction-size threshold for pre-merger notification at $93 million. The Minister cited the need to fully scrutinize potentially harmful deals and the...more

WilmerHale

HSR Size of Transaction Threshold to Increase to $111.4 Million

WilmerHale on

On January 23, 2023, the Federal Trade Commission (FTC) announced revised thresholds for merger notifications under the Hart-Scott-Rodino (HSR) Act. Effective on February 27, 2023, the lowest size-of-transaction filing...more

Schwabe, Williamson & Wyatt PC

FTC Announces Increase in Filing Thresholds Under the Hart-Scott-Rodino Act for 2023 for Premerger Notifications and Interlocking...

HSR Notice Thresholds Have Increased. On January 26, 2023, the Federal Trade Commission (FTC) announced its revised annual threshold that determines whether companies may be required to notify federal antitrust authorities...more

Polsinelli

The New Hart-Scott-Rodino Magic Number is $111.4 million, and Big Changes in HSR Filing Fees

Polsinelli on

The Hart-Scott-Rodino Act (“HSR”) requires that transactions over a certain value be reported to the Federal Trade Commission (FTC) and U.S. Department of Justice Antitrust Division at least 30 days prior to closing. That...more

Axinn, Veltrop & Harkrider LLP

Axinn Antitrust Insight: FTC Announces Revised HSR Thresholds for 2023

Each January, the Federal Trade Commission announces the new thresholds for pre-merger notifications under the HSR Act, which are updated each year based on changes in the gross national product. This year’s revised...more

Wilson Sonsini Goodrich & Rosati

2023 HSR Act Adjusted Filing Thresholds

On January 23, 2023, the Federal Trade Commission (FTC) released the revised Hart-Scott-Rodino (HSR) Act jurisdictional thresholds for 2023. The FTC is required by law to revise the HSR Act monetary jurisdictional thresholds...more

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