Increased Reporting Thresholds for HSR

The US Federal Trade Commission (FTC) announced on January 28, 2020 its annual change to the jurisdictional thresholds for premerger notification under the Hart-Scott-Rodino Anti-Trust Improvements Act (“HSR”).

The  HSR requires acquiring and acquired persons to file notifications with the FTC and the US Department of Justice (Antitrust Division) and observe specific waiting periods prior to consummating a covered transaction. The process allows those agencies to screen transactions for potential anticompetitive effects and challenge such transactions  under US anti-trust laws, as appropriate,

The basic filing threshold will increase from the current threshold of $90 Million to $94 Million for transactions that close on or after February 27, 2020.