--- title: FTC Revises Hart-Scott-Rodino Thresholds for 2023 date: 2023-01-25T00:00:00-05:00 author: Import Bot canonical_url: "https://www.kelleydrye.com/viewpoints/client-advisories/ftc-revises-hart-scott-rodino-thresholds-for-2023" section: Client Advisories --- # FTC Revises Hart-Scott-Rodino Thresholds for 2023 January 25, 2023 On **January 23, 2023**, the Federal Trade Commission [announced](https://www.ftc.gov/news-events/news/press-releases/2023/01/ftc-announces-2023-update-size-transaction-thresholds-premerger-notification-filings-interlocking) revised notification thresholds pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The HSR Act requires parties to file notification with the FTC and the United States Department of Justice prior to consummating a merger or acquisition that meets the HSR Act’s jurisdictional tests. The FTC is required to revise the HSR thresholds annually based on changes in the gross national product. The following will go into effect on **February 22, 2023**, 30 days after the date of their publication in the Federal Register. **Original Threshold****2022 Threshold****2023 Threshold**$10 million$20.2 million$22.3 million$50 million$101 million$111.4 million$100 million$202 million$222.7 million$110 million$222.2 million$245 million$200 million$403.9 million$445.5 million$500 million$1.0098 billion$1.1137 billion$1 billion$2.0196 billion$2.2274 billion Unless exempt, transactions valued greater than **$445.5 million** meet the size-of-transaction test and are reportable irrespective of the size of the parties. Transactions valued greater than **$114 million** and less than or equal to **$445.5 million** may trigger a reporting duty if the parties meet the size-of-person test. Under the size-of-person test, one person must have total assets or annual net revenues equal or greater than **$22.3 million** and the other total assets or annual net revenues equal or greater than **$222.7 million**.The Commission also updated the new filing fees. These fees should take effect **February 22, 2023**. **Filing Fee****Size of Transaction**$30,000> $111.4 million and < $161.5 million$100,000≥ $161.5 million and < $500 million$250,000≥ $500 million and < $1 billion$400,000≥ $1 billion and < $2 billion$800,000≥ $2 billion and < $5 billion$2.25 million≥ $5 billion Our client alerts are for general information purposes only and should not be regarded as legal advice. If you would like additional information, please contact:David H. Evans+1 (202) 342-8479 - Share this entry - - - - - [ View entry pdf ](https://s3.amazonaws.com/cdn.kelleydrye.com/content/uploads/pdf-snapshots/ftc-revises-hart-scott-rodino-thresholds-for-2023-20230614122722.pdf) ### Related Services - [Antitrust](https://www.kelleydrye.com/practices/antitrust) Blog [ ![](https://d3iuizmsm2hayf.cloudfront.net/content/uploads/Listing-rectangles/Blog_Post_Listing.svg) ![](https://d3iuizmsm2hayf.cloudfront.net/content/uploads/Listing-Images/adlaw_billboard_listing.webp?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=750&q=80&w=1125&s=e1a7aebcee8115938489d6575321e698) ](https://www.kelleydrye.com/viewpoints/blogs/ad-law-access/hawaii-enacts-a-synthetic-performer-law) Ad Law Access July 26, 2026 [ ](https://www.kelleydrye.com/viewpoints/blogs/ad-law-access/hawaii-enacts-a-synthetic-performer-law) Blog [ ![](https://d3iuizmsm2hayf.cloudfront.net/content/uploads/Listing-rectangles/Blog_Post_Listing.svg) ![](https://d3iuizmsm2hayf.cloudfront.net/content/uploads/Listing-Images/Trade_and_Manufacturing_Monitor.webp?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=750&q=80&w=1125&s=fa2fce63dfde7da177148c0e92116e0e) ](https://www.kelleydrye.com/viewpoints/blogs/trade-and-manufacturing-monitor/ustr-announces-final-tariff-rates-exclusions-and-tariff-rate-quotas) Trade and Manufacturing Monitor July 24, 2026 [ ](https://www.kelleydrye.com/viewpoints/blogs/trade-and-manufacturing-monitor/ustr-announces-final-tariff-rates-exclusions-and-tariff-rate-quotas)