Hart-Scott-Rodino Premerger Filing Thresholds Raised by the Federal Trade Commission

Summary: The Federal Trade Commission (FTC) announced its annual revision of the filing thresholds under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act), which determine companies’ reporting obligations for mergers and acquisitions. The FTC also announced revisions to thresholds relating to prohibitions on interlocking directorates under Section 8 of the Clayton Act. The HSR Act revisions will become effective by late February 2013, and the Section 8 revisions will be effective upon publication in the Federal Register.