As required by the HSR Act, on January 10, 2025, the U.S.
Federal Trade Commission (“FTC”) released its annual
adjustments to the reporting thresholds and filing fees. The key
number to remember is now $126.4 million.
Note, this is an increase from the $119.5 million threshold in
2024. Generally, transactions valued in excess of $126.4 million
must be reported and cleared by federal antitrust authorities
before the transaction may close. The new thresholds will become
effective 30 days after publication in the Federal Register. The
revised thresholds will apply to all transactions that close on or
after the effective date.
Each year, the FTC adjusts the reporting thresholds under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the HSR Act)
based on changes in the gross national product. On January 10,
2025, the FTC announced the revised thresholds. Below are the
current and new thresholds: