FTC Announces Substantial Increase to Maximum Civil Penalty for Premerger Violations

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On June 29, 2016, the Federal Trade Commission (FTC) announced increases to the maximum daily civil penalties under several antitrust statutes. As a result, the maximum daily penalty for violations of premerger filing notification requirements under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) will more than double from $16,000 per day to $40,000, effective August 1, 2016.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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