New Federal Premerger Filing Thresholds Set
Introduction In January 2026, the Federal Trade Commission (FTC) announced the antitrust agencies’ annual revised filing fees for premerger review of sizable transactions and reporting thresholds for review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). The adjusted HSR Act thresholds are based on annual changes in the U.S. GNP (Gross […]
Dramatic Changes for Premerger Clearance is First in 45 Years
Introduction The Hart-Scott-Rodino (HSR) Act and its implementing rules require parties to sizable Merger and Acquisition (M&A) transactions to submit premerger notifications to the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice (the Agencies). (See previous blog post about 2023 fees and reporting thresholds.) The process involves completing detailed HSR […]
Hart-Scott 2023 Premerger Filing Fees Increase Substantially
The Federal Trade Commission has updated the Hart-Scott-Rodino Act, impacting premerger filing fees and thresholds. Larger transactions now incur higher fees, while smaller ones enjoy reductions. The minimum transaction size for filings is now $111.4 million, which lowers the number of deals requiring scrutiny. This year’s changes also introduce new fee tiers for deals over $1 billion and higher penalties for non-compliance. Companies considering mergers must navigate these updates carefully to avoid costly consequences.
Contemplating a Sizable Merger, Acquisition or Joint Venture?–Updated HSR Merger Notification Threshold Tests for Federal Antitrust Review Apply in March 2019
Are you considering a merger, acquisition, or joint venture? Recent changes to the Hart-Scott-Rodino Act have increased reporting thresholds for federal antitrust review to $90 million, along with new filing fees. Understanding these updates is crucial for businesses in this landscape. Increased penalties for non-compliance highlight the need for HSR counsel. Stay informed to keep your transactions compliant and strategic.