On Jan. 14, 2026, the Federal Trade Commission (FTC) announced its annual adjustments to the premerger filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). The updated thresholds and fees take effect on Feb. 17, 2026, with the most notable adjustment being an increase to the “size-of-transaction” threshold from $126.4 million to $133.9 million. As a result, only transactions valued at more than $133.9 million may require an HSR filing during the coming year. As further described below, the new thresholds also take effect at a time of historic uncertainty regarding the substance of HSR filings moving forward.
Please see full publication below for more information.