January 29, 2008
Today, the Federal Trade Commission (“FTC”) formally published the revised thresholds for premerger filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”). The FTC is required to adjust annually the HSR Act’s jurisdictional and exemption thresholds in accordance with changes in the Gross National Product. These new thresholds for transactions that will close on or after February 28, 2008 are as follows:
The HSR filing fees remain unchanged, but the thresholds utilized to calculate the filings fees have increased. Under the revised thresholds:
McGuireWoods’ Antitrust Department has substantial experience in mergers and acquisitions and can assist you in determining how these new rules will affect the reportability of any potential transaction under the HSR Act.
For more information on antitrust and trade regulation issues, contact the authors.