1. Home
  2. |Insights
  3. |FTC Announces Annual Update to HSR Thresholds

FTC Announces Annual Update to HSR Thresholds

Client Alert | 1 min read | 01.24.24

The Federal Trade Commission announced its annual updates to the thresholds and filing fees related to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the HSR Act) on Monday. These dollar thresholds are indexed annually based on changes in the U.S. gross national product and the Consumer Price Index.

The HSR Act requires that certain transactions be notified prior to their consummation. This year, the “size-of-transaction" threshold for reporting mergers and acquisitions under the HSR Act will increase from $111.4 million to $119.5 million. In addition, the "size-of-person" threshold, the filing fee thresholds, and the fee schedule will all also increase.  The new filing fee thresholds and fee schedule are as follows:

2024 Filing Fee

2024 Size of Transaction

$30,000

Less than $173.3 million

$105,000

Not less than $173.3 million but less than $536.5 million

$260,000

Not less than $536.5 million but less than $1.073 billion

$415,000

Not less than $1.073 billion but less than $2.146 billion

$830,000

Not less than $2.146 billion but less than $5.365 billion

$2,335,000

$5.365 billion or more

 

 

 

 

 

 

 

 

All of these revised thresholds will become effective thirty days after their publication in the Federal Register, which is expected in the next few days. Click here to read a full copy of the Commission's announcement, including a complete listing of the revised thresholds.

Contacts

Insights

Client Alert | 7 min read | 06.26.26

Federal Roundup: Updates for PBMs and Medicare Advantage Organizations

In June 2026, federal regulators and lawmakers continued their efforts to improve drug affordability through targeted reforms. These recent developments will primarily impact pharmaceutical manufacturers, managed care organizations, and pharmacy benefit managers (PBM) serving Medicare Part D program members. PBMs, Medicare Advantage organizations, and Part D sponsors should monitor these changes in the interest of maintaining compliance and providing input on regulatory proposals that may influence their business operations or compensation structures in the future....