Increase in HSR Reportability Thresholds and Other HSR Developments
In January 2023, the Federal Trade Commission (FTC) made three important announcements for M&A practitioners. First, on January 23, the FTC announced the annual adjustment of the thresholds that trigger premerger reporting obligations under the Hart-Scott-Rodino (HSR) Act. The new thresholds will apply to transactions closing thirty days after publication of the announcement in the Federal Register (that is, not earlier than February 24, 2023). Second, the FTC announced the annual adjustment for maximum daily civil penalties for noncompliance with...
