FTC revises merger reporting thresholds for 2025

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Lina M. Khan is Chair of the Federal Trade Commission | Official Website

FTC revises merger reporting thresholds for 2025

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The Federal Trade Commission (FTC) has announced updates to the jurisdictional and filing fee schedule under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976. These changes are made in accordance with Section 7A(a)(2) of the Act, which mandates annual revisions based on shifts in the gross national product. Additionally, adjustments to the HSR filing fee schedule reflect changes in both the gross national product and consumer price index as per Division GG of the 2023 Consolidated Appropriations Act.

For 2025, the threshold for reporting proposed mergers and acquisitions under Section 7A of the Clayton Act will increase from $119.5 million to $126.4 million. The revised thresholds and filing fees will be applicable to transactions closing on or after 30 days following their publication in the Federal Register.

The FTC's decision to approve these updates was unanimous, with a vote of 5-0.

The Federal Trade Commission is dedicated to promoting competition while protecting and educating consumers. It emphasizes that it will not demand money, make threats, instruct individuals to transfer money, or promise prizes. Consumers can learn more about how competition benefits them or file an antitrust complaint through various resources provided by the FTC. For ongoing updates, individuals are encouraged to follow the FTC on social media, subscribe to press releases, and read their blog.

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