Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 06 FEBRUARY 2024

FTC Announces Revised HSR Thresholds For 2024

Axinn LLP
Axinn LLP
Contributor
Axinn LLP

Axinn LLP

Incisive. Inclusive. Invested. We’re Axinn. Experienced, tenacious, and always trial-ready, we are...

View firm profile
Explore more from Axinn LLP

Transactions valued at over $119.5 million will require HSR premerger notification in 2024. The updated thresholds are expected to take effect for transactions...

United StatesAntitrust/Competition Law
Axinn Veltrop & Harkrider
Axinn Veltrop & Harkrider

What You Need to Know

Transactions valued at over $119.5 million will require HSR premerger notification in 2024. The updated thresholds are expected to take effect for transactions closing in late February or early March 2024.

Each January, the Federal Trade Commission announces the new thresholds for premerger notifications under the HSR Act, which are updated each year based on changes in the gross national product. This year's updated thresholds will come into effect 30 days after the FTC publishes the new thresholds in the Federal Register. The FTC has also announced modest inflation-based adjustments to the applicable HSR filing fees.

Most importantly, the transaction value threshold that must be exceeded for HSR notifications has changed from $111.4 million to $119.5 million, while the threshold over which the size-of-transaction requirements do not apply will increase from $445.5 million to $478 million. That means:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Booking Holdings v. Commission: General Court Clears The Way For Reverse Leveraging

The General Court of the European Union has upheld the European Commission's prohibition of Booking Holdings' acquisition of eTraveli Group, endorsing for the first time a 'reverse leveraging' theory of harm in conglomerate mergers. This landmark judgment establishes that dominant companies can be blocked from acquiring complementary businesses even when the target operates in a market where the acquirer lacks dominance, fundamentally reshaping merger control enforcement in digital and ecosystem-driven mark
United StatesAntitrust/Competition Law
Baker Botts L.L.P.
Baker Botts L.L.P.
Article

KKR Agrees To Historic $250 Million Penalty For Alleged Violations Of HSR...

The Department of Justice announced a landmark $250 million settlement with KKR & Co. for allegedly submitting deficient Hart-Scott-Rodino Act notification forms across at least 16 transactions. This unprecedented penalty, the largest ever for HSR violations, raises critical questions about merger notification compliance obligations and the consequences of systemic noncompliance with federal antitrust review requirements.
United StatesAntitrust/Competition Law
Bracewell LLP
Bracewell LLP
Article

Right To Repair Alert: Deere & Company Reaches Settlement With FTC, States

The Federal Trade Commission and five State Attorneys General have reached a landmark settlement with Deere & Company in a year-and-a-half antitrust litigation over the agricultural equipment manufacturer's restrictions on repair resources. The stipulated order, if approved, will require Deere to provide farmers and independent repair providers with the same repair tools and technical resources available to authorized dealers for a period of ten years.
United StatesAntitrust/Competition Law
Axinn LLP
Axinn LLP
Article

Henkel/Liquid Nails: The Evidence That Drove The Court’s Merger Decision

The Southern District of New York’s decision permanently enjoining Henkel’s proposed $725 million acquisition of Liquid Nails from American Industrial Partners (AIP) shows how courts may evaluate horizontal mergers of established, differentiated brands sold through concentrated retail channels. It also shows how the current FTC approaches deal challenges. The Court described Loctite and Liquid Nails as “the true behemoths of the industry.” It granted the injunction on August 14, 2026, after a seven-day trial, and released the full redacted decision on September 11.
United StatesAntitrust/Competition Law
Axinn LLP
Axinn LLP
Article

Another HSR Penalty Record: KKR’s $250 Million Settlement

The Department of Justice has secured a proposed $250 million settlement with KKR & Co. Inc. for alleged Hart-Scott-Rodino Act violations spanning at least 16 transactions in 2021 and 2022. This unprecedented penalty, more than twenty times the previous record, marks a dramatic escalation in HSR enforcement and raises critical questions about filing compliance standards across the investment industry.
United StatesAntitrust/Competition Law
Axinn LLP
Axinn LLP
Article

Anti-Steering Provisions Remain In Antitrust Limelight As Class Action Lawsuits Proceed Through Court

Two healthcare providers face class action lawsuits challenging their use of anti-steering and anti-tiering contract provisions that allegedly prevent insurers from designing cost-effective healthcare plans. These follow-on cases emerge after government enforcement actions, with courts finding sufficient evidence of market power and anticompetitive effects to allow the litigation to proceed.
United StatesAntitrust/Competition Law
Axinn LLP
Axinn LLP
Article

What Companies Should Know About California’s COMPETE Act

California's new COMPETE Act introduces a "substantial market power" standard for monopolization cases that may reach companies below federal antitrust thresholds. The law takes effect January 1, 2027, and applies to exclusive contracts, bundled offerings, platform rules, and decisions affecting rivals, suppliers, or workers. Companies with significant California operations face potential scrutiny from the Attorney General and district attorneys under this broader enforcement framework.
United StatesAntitrust/Competition Law
Axinn LLP
Axinn LLP
Article

“Old Crime, New Code” – DOJ Outlines Its Views On When Software And AI Can Facilitate Collusion

The Department of Justice's Criminal Deputy outlines how antitrust enforcement applies to algorithmic pricing tools, distinguishing between legitimate software use and illegal collusion. When do pricing algorithms cross the line from benign business tools into criminal price-fixing conspiracies, and what evidence will prosecutors seek to prove competitors knowingly coordinated through shared data and common models?
United StatesAntitrust/Competition Law
Axinn LLP
Axinn LLP