The US FTC revises thresholds for HSR Act notifications and for interlocking directorates

Agencies report annual HSR threshold increases* On January 19, 2017, the FTC announced revisions to the jurisdictional thresholds for the Hart-Scott- Rodino Antitrust Improvements Act of 1976 (HSR Act), which will become effective on February 27, 2017 and apply to transactions consummated on or after the effective date. The HSR Act requires the FTC to revise the thresholds annually based on changes in the gross national product. The current revision increases the “size of transaction” threshold from $78.2 million to $80.8 million. Consequently, the HSR