FTC Announces Higher 2022 Revised Thresholds For HSR Act Filings

The Federal Trade Commission (FTC) announced today increased Hart-Scott-Rodino thresholds for 2022, which will be published in the Federal Register next week. These changes affect the notification thresholds for Hart-Scott-Rodino Act (HSR Act) premerger notifications and will apply to all transactions that close on or after February 23, 2022, i.e., 30 days after publication in the Federal Register. In a change from the unusual year last year, when the FTC lowered the HSR Act notification thresholds, the changes this year reflect a significant increase to notification thresholds, including an increase from $92 million to $101 million for the size-of-transaction threshold.

The HSR Act requires all persons or entities contemplating certain mergers or acquisitions that meet or exceed the jurisdictional thresholds of the Act to file notifications of that transaction with the FTC and the Department of Justice. Once both parties have submitted their HSR filings, the