Revised Notification Thresholds Under The Hart-Scott-Rodino Act

The U.S. Federal Trade Commission (FTC) recently announced revised thresholds for the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 as well as revised thresholds for determining whether competing corporations may have interlocking directors.

Pursuant to the amendments passed by the U.S. Congress in 2000, the FTC announced the revised thresholds for HSR pre-merger notifications on January 16, 2007, and it will publish these adjusted thresholds in the Federal Register shortly. These revised thresholds will become effective 30 days after the date they are published in the Federal Register. HSR pre-merger notifications filed on or after this effective date must comply with these new thresholds.