FTC-PR-240122-3 (Jan. 22, 2024) FTC Announces 2024 Update of Size of Transaction Thresholds for Premerger Notification Filings The Federal Trade Commission has approved revised jurisdictional thresholds and a revised filing fee schedule under the Hart‑Scott‑Rodino (HSR) Antitrust Improvements Act of 1976. Section 7A(a)(2) of the Act requires the Commission to revise the jurisdictional thresholds annually, […]
Category: Hart-Scott-Rodino Antitrust Improvements Act of 1976
The Hart-Scott-Rodino Antitrust Improvements Act of 1976 is a U.S. federal law that mandates premerger notification requirements for certain large mergers and acquisitions. Under this act, companies must notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) of proposed transactions that meet specific thresholds before completing the deal. This notification process allows the agencies to review the potential competitive impacts of the merger or acquisition and take action to prevent anti-competitive practices. The act is designed to prevent monopolies and promote market competition by giving regulatory bodies the opportunity to assess and address potential anti-competitive effects before they occur.