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Hart-Scott-Rodino Act Premerger Notifications Corporate Sales Transactions

The Hart-Scott Rodino Antitrust Improvements Act is a United States federal statute enacted in 1976 establishing the federal premerger notification program. Under the Act, parties contemplating mergers or... more +
The Hart-Scott Rodino Antitrust Improvements Act is a United States federal statute enacted in 1976 establishing the federal premerger notification program. Under the Act, parties contemplating mergers or acquisitions must notify the Department of Justice and the Federal Trade Commission prior to completing the transaction. Once notified, the DOJ and FTC investigate and make a determination as to whether the proposed transaction will adversely impact U.S. commerce and competition within the market. less -
Hinckley Allen

Revised Hart-Scott-Rodino Thresholds for 2024

Hinckley Allen on

On January 22, 2024, the Federal Trade Commission (the “FTC”) announced revised statutory thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “Hart-Scott-Rodino Act” or “HSR”). These thresholds, which...more

Wyrick Robbins Yates & Ponton LLP

M&A in 2024: How to Prepare for HSR Filings in a Year of Antitrust Uncertainty

In June 2023, the Federal Trade Commission (“FTC”) issued a proposed rule that would dramatically change, and increase the burden of, Hart-Scott-Rodino Act (the “HSR Act”) pre-merger antitrust filings.  Many observers expect...more

Polsinelli

It’s That Time of Year: Announcement of the New Hart-Scott-Rodino Antitrust Filing Thresholds

Polsinelli on

The Hart-Scott-Rodino Act (“HSR”) requires that transactions over a certain value be reported at least 30 days prior to closing to the Federal Trade Commission (“FTC”) and U.S. Department of Justice Antitrust Division (“DOJ,”...more

Stinson LLP

HSR Act Threshold Update

Stinson LLP on

On January 22, 2024, 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

Nelson Mullins Riley & Scarborough LLP

FTC Increases the HSR Reporting Thresholds, Filing Fees and Thresholds, and Maximum Civil Penalties for 2024

The Federal Trade Commission (FTC) has now announced the adjusted Hart-Scott-Rodino (HSR) thresholds, filing fees and thresholds, and civil monetary penalties for the new year. The HSR Act requires parties to certain mergers,...more

Akerman LLP

First Major Overhaul of HSR Act Will Greatly Increase Time and Resources Required to Complete HSR Filing

Akerman LLP on

In June 2023, the Federal Trade Commission (FTC), in conjunction with the Antitrust Division of the U.S. Department of Justice (DOJ), issued a Notice of Proposed Rulemaking to amend the premerger notification form and...more

Nelson Mullins Riley & Scarborough LLP

Federal Trade Commission Proposes Major Changes to Hart-Scott-Rodino Process

On June 27, 2023, the Federal Trade Commission (FTC), with the concurrence of the U.S. Department of Justice (USDOJ), released a 133-page Notice of Proposed Rulemaking (NPRM) seeking to overhaul the Hart-Scott-Rodino Act of...more

Robinson+Cole Manufacturing Law Blog

FTC Proposes New HSR Filing Requirements

Companies pursuing acquisitions that require a filing in the United States under the Hart-Scott-Rodino Act (HSR) may, by year-end, face vastly expanded disclosure requirements necessitating far greater investments in time,...more

HaystackID

Spring has Sprung? A Hart-Scott-Rodino Act Transaction Update (March FY 2023)

HaystackID on

The Hart Scott Rodino Act (HSR Act) is a federal law that requires companies planning to merge or acquire certain assets or voting securities to notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ)...more

Nelson Mullins Riley & Scarborough LLP

FTC Issues Three Important Reminders About HSR Compliance

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR), codified at 15 USC § 18a, is the federal antitrust law that requires parties to certain large mergers, acquisitions, joint ventures and other corporate...more

Polsinelli

The New Hart-Scott-Rodino Magic Number is $111.4 million, and Big Changes in HSR Filing Fees

Polsinelli on

The Hart-Scott-Rodino Act (“HSR”) requires that transactions over a certain value be reported to the Federal Trade Commission (FTC) and U.S. Department of Justice Antitrust Division at least 30 days prior to closing. That...more

Axinn, Veltrop & Harkrider LLP

Axinn Antitrust Insight: FTC Announces Revised HSR Thresholds for 2023

Each January, the Federal Trade Commission announces the new thresholds for pre-merger notifications under the HSR Act, which are updated each year based on changes in the gross national product. This year’s revised...more

HaystackID

A Big Chill? A Hart-Scott-Rodino Act Transaction Update (January 2022)

HaystackID on

Editor’s Note: The Hart-Scott-Rodino Act established the federal premerger notification program, which provides the FTC and the Department of Justice with information about large mergers and acquisitions before they occur....more

Jones Day

U.S. Merger Notification Threshold Increases to $101 Million

Jones Day on

The lowest U.S. merger notification threshold will exceed $100 million for the first time effective February 23, 2022. The Federal Trade Commission ("FTC") announced that the Hart-Scott-Rodino ("HSR") Act filing...more

Dechert LLP

Hart-Scott-Rodino annual adjustments announced for 2022; significant increase brings minimum threshold over US$100 million

Dechert LLP on

On January 21, 2022, the U.S. Federal Trade Commission (“FTC”) announced that the dollar-based thresholds applicable to the Hart-Scott-Rodino (“HSR”) premerger notification program will be raised about 9.7% percent from the...more

Cadwalader, Wickersham & Taft LLP

One-Two Punch: FTC Does About-Face on Treatment of Debt for HSR Purposes and Casts Doubt on Informal Interpretation Program

In a recent blog post, the Acting Director of the Federal Trade Commission Bureau of Competition announced the reversal of the Federal Trade Commission’s (“FTC”) decades-long position regarding the treatment of debt repayment...more

Stinson LLP

FTC Announces Annual HSR Premerger Notification Threshold

Stinson LLP on

On February 2, 2021, the Federal Trade Commission (FTC) announced the revised thresholds to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act)....more

Morgan Lewis

FTC Lowers Hart­-Scott­-Rodino Thresholds

Morgan Lewis on

The Federal Trade Commission (FTC) announced on February 1 that it will lower the Hart­-Scott-­Rodino Act (HSR Act) jurisdictional and filing fee thresholds. Any transaction closing on or after March 4, 2021 will be subject...more

Orrick - Antitrust Watch

No HSR Filing Means No Antitrust Issues? Think Again!

Orrick - Antitrust Watch on

My transaction does not require an HSR filing. That means we don’t have to worry about potential antitrust issues, right? WRONG. The HSR Act requires that parties to certain transactions submit a premerger notification...more

Ballard Spahr LLP

$5 Million Penalty Underscores Importance of Antitrust Compliance in M&A Transactions

Ballard Spahr LLP on

The Federal Trade Commission (FTC) announced yesterday that Canon Inc. and Toshiba Corporation agreed to pay a $2.5 million fine each to settle charges that the two companies violated the Hart-Scott-Rodino Act by failing to...more

Orrick, Herrington & Sutcliffe LLP

M&A HSR Premerger Notification Thresholds Increase in 2019

Takeaways - The new minimum HSR threshold is $90 million and applies to transactions closing on or after April 3, 2019. ...more

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