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Locke Lord QuickStudy: ‎2021 HSR Threshold Announced by FTC‎

Locke Lord LLP
February 4, 2021

The FTC has announced the annual changes to the Hart-Scott-Rodino (HSR) Act filing thresholds.  The changes will become effective as of March 4.

The new 2021 thresholds are slightly lower than the 2020 thresholds, and are as follows:

Size-of-parties thresholds:  $18.4M and $184M (down from $18.8M and $188M in 2020)

Smaller size-of-transaction threshold (which requires size-of-parties thresholds to be met in order to trigger the filing requirement):  $92M (down from $94M in 2020)

Larger size-of-transaction threshold (which triggers a filing requirement regardless of the size-of-parties):  $368M (down from $376M in 2020)

The HSR filing fees remain unchanged (ranging from $45,000 to $280,000), although the fee required for a particular transaction will be determined based on these adjusted thresholds.
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