On January 21, 2016, the Federal Trade Commission (FTC)
announced the new, revised jurisdictional thresholds for reporting
transactions pursuant to the Hart-Scott-Rodino Antitrust
Improvements Act of 1976, as amended (HSR Act). The new thresholds
for HSR notification will become effective before the end of
February 2016.
Changes to the Hart-Scott-Rodino reporting thresholds
Filing threshold
Section 7A of the Clayton Act, which is more commonly known as
the HSR Act, requires all persons contemplating certain mergers,
acquisitions, joint ventures and corporate and non-corporate
formations (e.g., LLCs and LPs), which meet or exceed the HSR
Act's jurisdictional thresholds, to (1) notify the FTC Bureau
of Competition and the US Department of Justice (DOJ) Antitrust
Division and (2) wait the statutory 30-day period before
consummating the transaction (unless early termination of the
waiting period is granted). Pursuant to the 2000 Amendments to
Section 7A, the FTC is