In accordance with the 2000 amendments to the HSR Act, the
Federal Trade Commission has announced its annual revision to the
jurisdictional thresholds under the Act. The new thresholds
will go into effect on February 27, 2020, 30 days after publication
in the Federal Register.
Under the new thresholds, no transaction will be reportable
unless, as a result of it, the acquiring person will hold voting
securities, assets, or noncorporate interests of the acquired
person valued above $94 million.
When the Size-of-Persons Test applies
If, as a result of the transaction, the acquiring person will
hold voting securities, assets, or noncorporate interests of the
acquired person valued above $94 million but below
$376 million, then the Size-of-Persons test will also need to
be met for the transaction to be reportable. Generally, the
Size-of-Persons test will be met if one person (either acquiring or
acquired) has annual net sales or total assets equal to or
exceeding
