Antitrust/Competition
Summary of threshold changes:
Original threshold
2016 Adjusted threshold
$10 million
$15.6 million
$50 million
$78.2 million
$100 million
$156.3 million
$200 million
$312.6 million
$500 million
$781.5 million
$1 billion
$1.563 billion
The HSR Act filing fee thresholds also have been
revised as shown in the following chart.
Transaction valued at:
HSR Act Filing Fee
More than $78.2 million but
less than $156.3 million
$45,000
$156.3 million or more but
less than $781.5 million
$125,000
$781.5 million or more
Revisions in Thresholds for Section 8 of
the Clayton Act
The FTC also has revised the thresholds for interlocking
directorates prohibited by Section 8 of the Clayton
Act. The FTC is required to revise the Section 8
thresholds annually based on changes in the gross
national product.
Section 8 of the Clayton Act prohibits, with certain
exceptions, one person serving as a director or officer
of two competing corporations if certain thresholds are
met. As revised, Section 8 now covers situations
where each corporation has capital, surplus, and
undivided profits aggregating $31,841,000 or more,
unless either corporation has competitive sales of less
than $3,184,100.
$280,000
Further information regarding these revisions to the
HSR Act and Section 8 of the Clayton Act are
available on the FTC website at: https://www.ftc.gov/
news-events/press-releases/2016/01/ftc-announcesnew-clayton-act-monetary-thresholds-2016.
If you have questions concerning the contents of this Alert, or would like more information about Weil’s Antitrust/Competition practice
group, please speak to your regular contact at Weil, or to:
John Sipple (Washington DC)
Bio Page
john.sipple@weil.com
+1 202 682 7082
Vadim Brusser (Washington DC)
Bio Page
vadim.brusser@weil.com
+1 202 682 7224
Alexis Brown-Reilly (Washington DC)
Bio Page
alexis.brown-reilly@weil.com
+1 202 682 7084
Jonathan Cheng (Washington DC)
Bio Page
jonathan.cheng@weil.com
+1 202 682 7248
© 2016 Weil, Gotshal & Manges LLP. All rights reserved.
Quotation with attribution is permitted. This publication provides general
information and should not be used or taken as legal advice for specific situations that depend on the evaluation of precise factual
circumstances. The views expressed in these articles reflect those of the authors and not necessarily the views of Weil, Gotshal &
Manges LLP.
If you would like to add a colleague to our mailing list, please click here. If you need to change or remove your name
from our mailing list, send an email to weil.alerts@weil.com.
Weil, Gotshal & Manges LLP
January 2016
2
.