The Federal Trade Commission (FTC) recently
announced its annual adjustments to (1) the pre-merger
notification thresholds under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 (the HSR Act), (2) the HSR Act filing fee
schedule, (3) the civil penalty amounts for HSR Act violations, and
(4) the interlocking directorate thresholds under Section 8 of the
Clayton Act.
Annual Adjustments to HSR Thresholds
The HSR Act requires parties to notify the FTC and the Antitrust
pision of the U.S. Department of Justice (DOJ) of certain
transactions and observe a waiting period prior to consummating the
transaction if it meets the HSR Act's jurisdictional tests. The
statute requires the FTC to annually adjust the jurisdictional and
filing fee thresholds based on the change in gross national product
(GNP). The FTC recently announced the revised jurisdictional, filing
fee, and related HSR-rule thresholds, which will become effective
30 days after publication in the Federal
