Hart-Scott-Rodino Threshold Drops For 1st Time

Law360, New York (January 20, 2010, 6:07 PM EST) -- The Federal Trade Commission has lowered its notification threshold under the Hart-Scott-Rodino Antitrust Improvements Act for the first time, a symptom of a weak economy that has dragged down the U.S. gross national product.

The FTC on Tuesday announced the drop in the numbers, used to determine when corporations must report certain large transactions to competition regulators. Indexed to U.S. GNP since 2005 and adjusted annually, the Hart-Scott-Rodino thresholds have never before been revised downward.

After the changes take effect, the thresholds for reporting proposed mergers...
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