FTC adjusts the Hart-Scott-Rodino Act size thresholds, lowering the minimum size for reportable acquisitions to US$92 million.

On February 1, 2021, the Federal Trade Commission (FTC) announced new jurisdictional thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). The FTC is required to adjust the thresholds annually, based on the change in gross national product, which shrunk in 2020 due to the COVID-19 pandemic. These decreases are scheduled to be published in the Federal Register on February 2, 2021, making them effective for all transactions closing on or after March 4, 2021.