FTC Revises Jurisdictional Thresholds

Law360, New York (February 23, 2007, 12:00 AM EST) -- On January 16, 2007, the Federal Trade Commission (FTC) announced the revised jurisdictional thresholds for pre-merger reporting pursuant to the Hart-Scott-Rodino Act (HSR Act).

Section 7A of the Clayton Act, 15 U.S.C. 18a, requires parties to file pre-merger notification with the Bureau of Competition of the FTC and the United States Department of Justice, Antitrust Division (DOJ) prior to the consummation of any corporate transaction that meets the threshold requirements.

Section 7A(a)(2) requires the FTC to revise the reporting thresholds on an annual basis to reflect...
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