FTC Announces 2024 Update of Size of Transaction Thresholds for Premerger Notification Filings

Summary:

The Federal Trade Commission (FTC) enforces federal competition and consumer protection laws, preventing anticompetitive, deceptive, and unfair business practices. The FTC's mission is to protect consumers and competition by prohibiting unfair business activities while allowing legitimate business activities to continue. Key aspects of the FTC's work include enforcing laws, providing guidance and resources, and promoting policies that protect consumers and promote competition.

The FTC also provides information on consumer protection, antitrust violations, and policy statements. The agency's guidance and resources include advice on consumer rights, fraud reporting, and identity theft prevention, as well as information on specific industries, small businesses, and servicemembers.

Furthermore, the FTC has approved revised jurisdictional thresholds and a revised filing fee schedule under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, which will take effect 30 days after publication in the Federal Register. These revisions will impact reporting requirements for proposed mergers and acquisitions over $119.5 million. Individuals can search for legal documents, file complaints, and stay updated on the latest news and resources through the FTC's website and social media channels.