FTC Increases HSR Thresholds

Date: January 27, 2011

The Federal Trade Commission has increased the dollar thresholds for premerger filings required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Effective February 24, 2011, only transactions valued above $66 million will require HSR filings, representing an increase from the previous 2009 filing threshold of $63.4 million. The various other dollar thresholds for larger transactions have been increased as well. These adjustments are made annually based on changes in the U.S. gross national product for the prior fiscal year. As detailed in the Alert attached, the revisions take effect on February 24, 2011 and will apply to all covered transactions that close on or after that date.