FTC Issues New HSR Thresholds
Client Alert | 1 min read | 01.16.07
Today the Federal Trade Commission released its annual revisions to the jurisdictional and filing fee thresholds applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”). The dollar thresholds of the HSR Act and Rules are indexed on an annual basis, based on changes in the U.S. gross national product. As a result of these changes, the size-of-transaction threshold will increase from $56.7 million to $59.8 million. In addition, the size-of-parties thresholds, the filing fee thresholds and the thresholds applicable to certain exemptions will also increase. These revisions will become effective thirty days after their publication in the Federal Register.
To read a full copy of the Commission's announcement, including all of the revised thresholds, click here
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On April 15, 2024, the Acting Assistant Attorney General for the Criminal Division of the Department of Justice (“DOJ”) Nicole Argentieri announced a new Pilot Program on Voluntary Self-Disclosure for Individuals (“Pilot Program” or “Program”). The Pilot Program offers a clear path for voluntary self-disclosure by certain corporate executives and other individuals who are themselves involved in misconduct by corporations, in exchange for a Non-Prosecution Agreement (“NPA”). The Pilot Program specifically targets individuals who disclose to the Criminal Division at DOJ in Washington, D.C. information about certain corporate criminal conduct. By carving out a clear path to non-prosecution for those who qualify, DOJ has created another tool to uncover complex crimes that might not otherwise be reported to the Department.
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