January 24, 2011
On Jan. 21, 2011, the Federal Trade Commission announced the revised thresholds for premerger filings under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act). These thresholds determine whether companies are required to notify federal antitrust authorities about a transaction. The new thresholds, which go into effect 30 days after publication of the Federal Register notice, are:
HSR filing fees remain unchanged, but the thresholds used to calculate the fees have increased. Under the revised thresholds:
McGuireWoods' Antitrust Department has substantial experience in mergers and acquisitions, and it can assist you in determining how these new rules will affect the reportability of any potential transaction under the HSR Act.