On January 22, 2024, the Federal Trade Commission (FTC) announced revised filing fees and jurisdictional thresholds for premerger notification filings under the Hart-Scott-Rodino Antitrust Improvements Act of
1976 (HSR). The revisions increase the lowest “size-of-transaction” threshold at which HSR filings may be required from the current US$111.4 million to US$119.5 million.
Under the HSR Act, the FTC and Department of Justice (DOJ) must be notified before mergers, acquisitions and other transactions that meet certain monetary thresholds are consummated. Once notification is filed, the parties must observe a 30-day waiting period to allow the agencies to review the transaction for possible violation of antitrust laws.