2024 Revised Hart-Scott-Rodino Thresholds And Filing Fees

On January 22, 2024, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). Because of this year's adjustments, transactions valued at more than $119.5 million may trigger an HSR filing. The new thresholds and filing fees will take effect 30 days after they are published in the Federal Register, which is expected in the coming days. For a particular transaction, the expected closing date—not the date of agreement—determines whether the new thresholds will apply.¹ Failure to file an HSR Notification and Report Form is subject to a statutory penalty of up to $51,744 per day of noncompliance.