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ARTICLE · 17 JANUARY 2025

FTC Announces 2025 HSR Act Thresholds And Filing Fee Schedule

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The Federal Trade Commission announced the annual revised thresholds for merger notifications under the Hart Scott-Rodino Antitrust Improvements Act of 1976...

United StatesAntitrust/Competition Law

Summary

The Federal Trade Commission announced the annual revised thresholds for merger notifications under the Hart Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR Act"). The thresholds are revised annually based on changes in U.S. gross national product. The FTC also issued its annual revision of the HSR filing fee schedule. The new thresholds ("2025 Thresholds") will become effective 30 days after publication in the Federal Register. Therefore, if publication occurs this week, the 2025 Thresholds will become effective in mid-February and be in effect until the next annual adjustment in January 2026.

HSR Act - 2025 Thresholds

The HSR Act requires premerger notification of transactions that satisfy the "size of transaction" and "size of person" tests and are not otherwise exempt.

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