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ARTICLE · 02 FEBRUARY 2012

FTC Adjusts HSR And Clayton Act Reporting Thresholds

Each year, the Federal Trade Commission ("FTC") adjusts the reporting thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "H-S-R Act") based on the change in gross national product from the prior year.

United StatesAntitrust/Competition Law

Each year, the Federal Trade Commission ("FTC") adjusts the reporting thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "H-S-R Act") based on the change in gross national product from the prior year. On January 24, the FTC announced the revised thresholds that will become effective 30 days after publication in the Federal Register. The anticipated effective date is on or about February 24, 2012. The current 2011 and revised 2012 thresholds are:

Test

2011 Threshold

Adjusted 2012 Threshold

Size-of-Transaction

$66 million

$68.2 million

Size-of-Person

$13.2 million and
$131.9 million

$13.6 million and

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