Size-of-transaction threshold under the Hart-Scott-Rodino Act
will increase to $111.4 million.
As a result of the substantial increase in the U.S. Gross
National Product (GNP) for 2022, the Federal Trade Commission (FTC)
has announced the largest-ever year-over-year increase in the
jurisdictional filing thresholds for the Hart-Scott-Rodino
Antitrust Improvements Act of 1976 (HSR). For the first time since
the FTC began adjusting the thresholds in 2005, the minimum size of
transaction threshold will increase by more than $10 million, a
10.3% increase. The thresholds determine whether parties involved
in proposed mergers, consolidations, or other acquisitions of
voting securities, assets, or unincorporated interests must notify
the FTC and the Antitrust Division of the Department of Justice
(DOJ) of a proposed transaction and comply with a mandatory waiting
period before the transaction may be consummated. The revised
thresholds are expected to take effect on February
