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New DoW Policy Requires Proactive HSR Filing Submissions for Defense-Related M&A Transactions

In February, the Department of War (DoW) announced a significant procedural change affecting mergers and acquisitions in the defense sector. Under new guidance implementing Section 857 of the Fiscal Year 2024 National Defense...more

California Becomes Third State to Adopt "Baby HSR" Act

A growing wave of state-level merger notification requirements is reshaping the antitrust landscape for dealmakers. On February 10, 2026, Governor Gavin Newsom signed Senate Bill 25, the California Uniform Antitrust Premerger...more

FTC Publishes Revised Hart-Scott-Rodino Notification Thresholds for 2026

On January 14, 2026, the Federal Trade Commission (FTC) announced the Revised Jurisdictional Thresholds for Section 7A of the Clayton Act to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act)....more

Colorado Joins the "Baby" HSR Trend

State attorneys general (AGs) have a legal right to challenge anticompetitive mergers, both under the federal Clayton Act and their own state antitrust laws. And in recent years, state AGs have played increasingly larger...more

Washington State First to Adopt "Baby HSR" Act

Legislatures in several states have recently introduced bills that would require certain parties who submit Hart-Scott-Rodino (HSR) premerger filings to the federal government to provide that same information to the state. On...more

FTC Announces Annual HSR Premerger Notification Threshold and Clayton Act Interlocking Directorate Thresholds Adjustments

The Federal Trade Commission (FTC) has announced that the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) thresholds will be increased. The FTC also announced that it has revised the thresholds that trigger...more

FTC Announces Annual Adjustments to HSR Premerger Notification and Clayton Act Interlocking Directorate Thresholds

The Federal Trade Commission (FTC) announced on January 15, 2015, that the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) thresholds will be increased. The FTC also announced that it has revised the thresholds...more

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