Publication

FTC Announces Revised Thresholds for Premerger Notification Filings and Interlocking Directorates

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On January 10, 2025, the US Federal Trade Commission (FTC) announced revised filing fees and jurisdictional thresholds for premerger notification filings under the Hart-Scott-Rodino Act. The revisions increase the lowest "size-of-transaction" threshold for reporting proposed mergers and acquisitions from the current US$119.5 million to US$126.4 million.

The FTC also announced updated jurisdictional thresholds under Section 8 of the Clayton Act, which prohibits “interlocking directorates,” or arrangements where a person simultaneously serves as an officer or director of competing firms. The agencies are expected to continue their recently stepped-up enforcement efforts on this issue.

Read the full insight to learn more about these new thresholds.