Type:Notice
Citation:90 FR 7697
Reading Time:about 2 minutes
The Federal Trade Commission has announced updated thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976. These changes are required by updates in section 7A of the Clayton Act and the 2023 Consolidated Appropriations Act. The revised thresholds pertain to both the jurisdictional limits for mergers or acquisitions and the required filing fees. These updates will take effect 30 days after their publication in the Federal Register.
Simple Explanation
The government is updating some rules about how big companies need to be before they have to tell about their plans to buy other companies, and it's also changing how much money they need to pay to do this paperwork. These changes are set to happen soon after the rules are published.