United States:
FTC Modifies Thresholds For Merger Filings And Interlocking Directorates
01 February 2017
Cadwalader, Wickersham & Taft LLP
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The Federal Trade Commission ("FTC") finalized annual
revisions to the dollar jurisdictional thresholds in
Section 7A of the Clayton Act and the
Hart-Scott-Rodino Antitrust Improvements Act of 1976, as
amended ("HSR Act"). The revised thresholds will become
effective 30 days after the date of their publication in the
Federal Register.
In a related
memorandum, Cadwalader attorneys
Ngoc Hulbig and
Amy Ray outlined the revised thresholds, which will consist of
(i) the dollar thresholds necessary to trigger the HSR Act's
premerger notification reporting requirements, and (ii) the
thresholds for interlocking directorates under Section 8 of the
Clayton Act.
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