2010 Revised (Lower) Hart-Scott-Rodino Act Thresholds
By J. Hart Holden
The annual revised jurisdictional and filing fee thresholds under the HartScottRodino Antitrust Improvements Act of 1976, as amended (the HSR Act), have been announced by the Federal Trade Commission (the FTC). Due to the economic crisis and a decline in gross national product over the past government fiscal year, the new thresholds are actually decreased the first time this has happened since the inception of the HSR Act over thirty years ago. The revised (lower) thresholds will become effective on February 20, 2010, and will apply to all covered transactions that close on or after that date.