Primary HSR filing threshold will be raised to $90.0
million
The Federal Trade Commission has announced revisions to HSR Act
and Clayton Act Section 8 thresholds, which are indexed annually to
account for inflation. As is our annual practice, this alert
identifies the adjustments that are likely to be the most relevant
to our clients, and reiterates several important practice tips.
The Hart-Scott-Rodino Antitrust Improvements Act of 1976,
commonly known as the HSR Act, requires parties to certain
transactions to notify the Federal Trade Commission and Department
of Justice, and to observe a waiting period prior to completing the
transaction. The HSR Act enables antitrust regulators to review
transactions, investigate and address potential competitive
concerns prior to completion, and carries monetary penalties for
failure to comply – adjusted for 2019 to
$42,350 per day.