FTC Announces 2026 HSR Threshold

The annual revisions to the Hart-Scott-Rodino (HSR) Act reporting thresholds have arrived. The new thresholds for notification will apply to all transactions that close on or after the effective date of the notice, which is 30 days after its publication in the Federal Register.

In general, filing an HSR premerger notification is required when the value of the transaction reaches a certain threshold (the "Size-of-Transaction" test) and the parties are of sufficient size (the "Size-of-Person" test), and no statutory exemption is applicable. Under the HSR Act, the FTC is required to update the jurisdictional thresholds annually, based on the change in gross national product.

Revised Thresholds