Basic threshold $94 million effective February 27
Filing thresholds under the Hart-Scott-Rodino Act will increase
4.4%, effective February 27, 2020, based on the change in the US
gross national product during 2019. The critical
size-of-transaction threshold, which often impacts whether a filing
is required, will increase from $90 million to $94 million.
The HSR Act requires that parties to mergers and acquisitions,
including acquisitions of voting securities and assets (which may
include even intellectual property licenses and executive
compensation), file notifications with the Federal Trade Commission
and US Department of Justice and observe a statutory waiting period
if the acquisition meets specified size-of-transaction and
size-of-person thresholds and does not fall within an
exemption.
