News & Analysis as of

Mergers Department of Justice (DOJ) Premerger Notifications

Whiteford

Client Alert: Winter 2025 Antitrust M&A Law Developments

Whiteford on

The Federal Trade Commission, the agency that administers the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”), has announced the annual adjustments to its coverage, filing fee, and other dollar-denominated...more

Axinn, Veltrop & Harkrider LLP

2023 Merger Guidelines Continue in Effect

In somewhat of a surprise, FTC Chairman Ferguson announced yesterday that the FTC and Department of Justice’s joint 2023 Merger Guidelines “are in effect and are the framework for this agency’s merger-review analysis.” This...more

McCarter & English, LLP

KKR Countersues DOJ for Confusing and Contradictory HSR Rules

Not every investment firm countersues the acting assistant attorney general of the United States for the Antitrust Division, the United States Department of Justice (Antitrust Division), the Federal Trade Commission (FTC),...more

Sheppard Mullin Richter & Hampton LLP

Navigating the Matrix of State Healthcare Approvals

The outlook for federal antitrust enforcement remains murky, at best, with uncertainty about whether the new federal HSR rules, merger guidelines, and existing enforcement actions. The forecast for state antitrust...more

Cadwalader, Wickersham & Taft LLP

DOJ Allegations that KKR Systematically Failed to Comply With the HSR Act – Highlights Importance of DOJ Corporate Compliance...

The Department of Justice (“DOJ”) has alleged in a complaint filed in the Southern District of New York on January 14, 2025 that KKR & Co. Inc. and certain of its investment advisors and funds (collectively, “KKR”)...more

TransPerfect Legal

Practical Measures to Streamline HSR Filings Under the Revised Premerger Notification Form and Associated Rules

TransPerfect Legal on

On October 10, 2024, the Federal Trade Commission (“FTC”) published new and expansive regulations for filing notifications under the Hart Scott Rodino (“HSR”) Act. Among other things, HSR notifications now require the...more

Holland & Knight LLP

Annually Adjusted Hart-Scott-Rodino Thresholds and Filing Fees Take Effect Feb. 21, 2025

Holland & Knight LLP on

The Federal Trade Commission (FTC) has announced this year's revisions to the thresholds and filing fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR), which will apply to all transactions closing on or...more

HaystackID

December 2024 Economic Trends and HSR Activity

HaystackID on

The economic landscape in December 2024 revealed a dynamic interplay between consumer spending, corporate strategy, and transactional activity, offering critical insights into the evolving M&A environment. Recent data from...more

Bracewell LLP

FTC Announces 2025 HSR Notification Threshold and Filing Fee Increases

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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 February 21, 2025. The revised...more

Akerman LLP

2025 Adjustments to HSR Act Thresholds, HSR Filing Fees, Interlocking Directorates Safe Harbor, and Maximum Civil Penalties

Akerman LLP on

Key Takeaways - The 2025 adjusted HSR threshold is $126.4 million. All transactions valued below that amount are exempt from the HSR filing requirement....more

Dorsey & Whitney LLP

Increase in HSR Reportability Thresholds and Filing Fees, and Other HSR Developments

Dorsey & Whitney LLP on

These announcements come alongside the impending overhaul of the Hart-Scott-Rodino (HSR) Act filing process scheduled to take effect on February 10, 2025—subject to potential delay based on President Trump’s January 20, 2025...more

Faegre Drinker Biddle & Reath LLP

New HSR Act Size-of-Transaction Increasing to $126.4 Million

On January 10, 2025, 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

Pillsbury Winthrop Shaw Pittman LLP

FTC Announces HSR Threshold and Filing Fee Increases for 2025 Transactions

As a result of the increase in the U.S. Gross National Product (GNP) for 2024, the Federal Trade Commission (FTC) has announced an increase in the jurisdictional filing thresholds for the Hart-Scott-Rodino Antitrust...more

Stinson LLP

HSR Act Updates - Updated Thresholds and a Legal Challenge to the HSR Amendments

Stinson LLP on

On January 10, 2025, the Federal Trade Commission (FTC) announced the Revised Jurisdictional Thresholds for Section 7A of the Clayton Act to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). The U.S. Chamber...more

Perkins Coie

2025 Updates to HSR and Interlocking Directorate Thresholds

Perkins Coie on

The Federal Trade Commission (FTC) recently announced its annual adjustments to (1) the pre-merger notification thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the HSR Act), (2) the HSR Act filing...more

Husch Blackwell LLP

M&A Antitrust Update: 2025 Brings New HSR Thresholds, a Challenge to the HSR Rules, and a Gun-Jumping Violation

Husch Blackwell LLP on

The initial days of 2025 ushered in a trifecta of significant antitrust updates for dealmakers. First, the Federal Trade Commission (FTC) recently announced its annual adjustment to the monetary thresholds that apply to...more

Holland & Knight LLP

Understanding Chamber of Commerce v. FTC and Its Implications for the HSR Act

Holland & Knight LLP on

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) was enacted to ensure that the antitrust authorities – the Antitrust Division of the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) –...more

McCarter & English, LLP

2025 Updates to US Merger Filing Thresholds, Filing Fees, and Interlocking Directorate Exemptions

The Federal Trade Commission (FTC) announced on January 10, 2025, increased reporting thresholds for transactions. Annually, the FTC reviews and adjusts the premerger notification reporting thresholds for reporting...more

Akin Gump Strauss Hauer & Feld LLP

FTC Updates HSR Filing Fees and Revises Thresholds for 2025; Minimum Size for Reportable Transactions Increases to $126.4 Million

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) requires all parties to transactions that meet certain transaction size and other tests to file premerger notification forms for mergers and other...more

Vinson & Elkins LLP

2025 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

Paul Hastings LLP

FTC Announces Increased HSR Thresholds and Filing Fees for 2025

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As expected, the mandatory notification thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act), will be increasing. The Size of Transaction threshold will jump from $119.5 million,...more

Wilson Sonsini Goodrich & Rosati

FTC Announces 2025 HSR Thresholds

On January 10, 2025, the Federal Trade Commission (FTC) released the revised Hart-Scott-Rodino (HSR) Act jurisdictional thresholds for 2025. The FTC is required by law to revise the HSR Act monetary jurisdictional thresholds...more

McCarter & English, LLP

FTC Imposes Record $5.6M ‘Gun Jumping’ Fine

Crude oil producers XCL Resources Holdings, LLC (XCL), Verdun Oil Company II LLC (Verdun), and EP Energy LLC (EP) have agreed to pay a $5.6 million civil penalty to settle violations under Section 7A of the Clayton Act, as...more

Mayer Brown

Navigating the New HSR Act: Implications for M&A Transactions

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In this episode, Mayer Brown partners Gail Levine and Andrew Noreuil discuss recent changes to the Hart-Scott-Rodino (HSR) Act and their impact on M&A transactions. Our partners provide insight into the new regulatory...more

Pillsbury Winthrop Shaw Pittman LLP

A General Counsel’s Guide to the New HSR Rules

As of February 10, 2025, the Hart-Scott-Rodino premerger notification rules will require significantly more compliance work from transacting parties. Early Planning for More Complex Filings: Companies contemplating...more

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