For the ﬁrst time since the passage of the HSR Act in 1976, the Federal Trade Commission has published new HSR thresholds adjusted for inﬂation, slightly reducing the overall number of transactions that will require premerger notiﬁcation ﬁlings. The new, higher thresholds will become effective on March 2, 2005. See 70 F.R. 5020 (January 31, 2005). These threshold raises match changes in the gross national product, and will be readjusted annually going forward, as required by the 2000 amendments to the Hart-Scott-Rodino Antitrust Act of 1976. As of the effective date, acquisitions will be reportable under the HSR Act only if the acquiring person will hold as a result voting securities or assets worth more than $53.1 million.
Antitrust and Trade Regulation
Date of this Version
Ulrich Quack, James Burling, Claus-Dieter Ehlermann, John Ratliff, Suyong Kim, Douglas Melamed, William Kolasky, and Janet Durholz Ridge, "Antitrust and Competition Law Update: HSR Filing Thresholds Increased for Inflation Acquisitions Unreportable Up to $53.1 Million Effective March 2, 2005" (February 2005). Wilmer Cutler Pickering Hale and Dorr Antitrust Series. Working Paper 48.