• FTC Increases HSR Reporting Threshold to $53.1 Million
  • March 7, 2005
  • Law Firm: Hunton & Williams LLP - Richmond Office
  • The U.S. Federal Trade Commission has revised the reporting thresholds under the Hart-Scott-Rodino ("HSR") Antitrust Improvements Act of 1976. As of March 2, 2005, all asset acquisitions and acquisitions resulting in securities holdings in an issuer under $53.1 million will be exempt from HSR reporting. The revised thresholds will apply to all transactions that close on or after that date. Revisions passed in 2000 require the FTC to adjust the thresholds annually, based on the change in gross national product. This is the fi rst such adjustment.