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 revised HSR Act thresholds will become effective 30 days after the FTC’s publication appears in the Federal Register, and that publication will likely be during the week of January 20, 2014. The revisions regarding interlocking directorates will become effective on the publication date.