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ARTICLE · 16 JANUARY 2009

FTC Announces Revised Thresholds For HSR Premerger Filings And Interlocking Directorates

Jones Day
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On January 7, 2009 the Federal Trade Commission announced revised thresholds for Hart-Scott-Rodino ("HSR") Premerger Notification filings and for the jurisdictional thresholds that trigger the prohibition on interlocking directorates under Section 8 of the Clayton Act.

United StatesAntitrust/Competition Law

On January 7, 2009 the Federal Trade Commission announced revised thresholds for Hart-Scott-Rodino ("HSR") Premerger Notification filings and for the jurisdictional thresholds that trigger the prohibition on interlocking directorates under Section 8 of the Clayton Act. These thresholds are revised annually to reflect changes in the gross national product.

The revised HSR thresholds will apply to all transactions that close on or after the effective date, which is 30 calendar days following publication of the changes in the Federal Register. This effective date is expected to be in late February. The Interlocking Directorates threshold revisions will be published in the Federal Register shortly and will be effective upon publication.

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