Summarizes the latest Federal Trade Commission's annual adjustments to filing fees for premerger review of sizable transactions and reporting thresholds for review under the Hart-Scott-Rodino Antitrust Improvement Act of 1974.
Highlights important proposed changes to the Premerger Notification Form required by the Hart-Scott-Rodino Act. Includes evaluation of essential steps transaction parties will need to take if changes are approved.
Describes FTC’s annual changes to premerger filing fees and reporting thresholds
On January 31, the Federal Trade Commission (FTC) published its annual adjustments to the reporting thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). The newly-revised thresholds represent modest increases over last year’s thresholds. They are published in the Federal Register and will become effective 30 days after the date of their publication. The revised thresholds will remain in effect until the FTC’s next annual adjustment in the first quarter of 2021.
HSR Act Basics
The HSR Act requires parties to mergers ...
February 20, 2019 - On February 15, the Federal Trade Commission (FTC) published increased reporting thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). The new thresholds represent an approximate 6.6 percent increase over last year’s thresholds. They are expected to be published in the Federal Register during the week of February 18, 2019, and they will become effective 30 days after the date of their publication. This year’s revised thresholds were delayed due to the government shutdown in January. The revised thresholds will ...
Annually, the Federal Trade Commission (FTC) is required to revise the basic thresholds used to determine reportability of transactions under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act), based on the change in our gross national product. Once again the thresholds have increased. The changes were effective February 27, 2017.
Most importantly, the minimum “size of transaction” threshold is increased to $80.8 million from $78.2 million last year. Accordingly, an acquisition, merger, or joint venture where at least $80.8 million of assets ...