The US FTC revises thresholds for Hart-Scott-Rodino Act and Corporate Interlock Statute

On February 1, 2021, the Federal Trade Commission announced new jurisdictional thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”) and Section 8 of the Clayton Act (“Corporate Interlock Statute”). The FTC is required to adjust the thresholds annually, based on changes in the gross national product. While the thresholds typically increase, this year’s thresholds have decreased due to the economic impact of the COVID-19 pandemic. Under the revised thresholds, the “size-of-transaction” has