Basic HSR Threshold Raised to $68.2 Million

Basic HSR Threshold Raised to $68.2 Million
The Federal Trade Commission (FTC) announced that the Hart-Scott-Rodino (HSR) thresholds will increase by about 3%. Thus, the size-of-transaction filing threshold (also known as the "$50 million threshold") will increase from the current $66 million to $68.2 million. The FTC is expected to publish a notice of the new thresholds in the Federal Register in the next few days, and the thresholds will become effective 30 days later (the Effective Date). Parties to transactions that will close on or after the Effective Date will be subject to the revised thresholds.

The threshold increase is pursuant to amendments to the HSR Act in 2000, which require the FTC to adjust the thresholds annually to reflect changes in the gross national product. As a result of the FTC's action, all of the notification and exemption dollar thresholds in the HSR statute, regulations and reporting instructions that are subject to annual adjustments