ARTICLE
1 February 2017

FTC Modifies Thresholds For Merger Filings And Interlocking Directorates

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
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").
United States Antitrust/Competition Law
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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.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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