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HSR Filing Thresholds, Filing Fees, and Penalties Increase for 2024 - Originally published January.26.2024 | Orrick, Herrington & Sutcliffe LLP

The U.S. Federal Trade Commission (“FTC”) has announced revised filing thresholds as required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), along...
Us Federal Trade Commission Herrington Sutcliffe Trade Commission Hart Scott Rodino Antitrust Improvements Act Acquired Person Ultimate Parent Entity

HSR Filing Thresholds, Filing Fees, and Penalties Increase for 2024 | Orrick, Herrington & Sutcliffe LLP

The U.S. Federal Trade Commission (“FTC”) has announced revised filing thresholds as required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), along...
Herrington Sutcliffe Us Federal Trade Commission Trade Commission Hart Scott Rodino Antitrust Improvements Act Federal Register Acquired Person

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Fintech unit of Globe fully acquires payment platform • Lorenz S. Marasigan

Globe Fintech Innovations Inc. (Mynt) has fully acquired Electronic Commerce Payments Inc. (ECPay) for roughly P3 billion, Globe Telecom Inc. said on Monday. In a disclosure to the stock exchange, Globe said it sold its 77-percent stake in ECPay to Mynt for P2.31 billion. It also announced that the minority stakeholder, Payment One Inc., sold
Rizza Maniego Eala Globe Telecom Inc Philippine Competition Commission Electronic Commerce Payments Inc Globe Group Globe Fintech Innovations Inc

PCC increases value of new merger notification thresholds

The Philippine Competition Commission (PCC) has raised the thresholds for compulsory notifications of mergers and acquisitions (M&As) to reflect changes in the economy such as soaring inflation and other adverse effects induced by the pandemic.   Beginning March 1, 2023, mergers and acquisiti
Quezon City Philippine Statistics Authority Philippine Competition Commission Ultimate Parent Entity Memorandum Circular Gross Domestic Product
Source: mb.com.ph

FTC Updates the New Hart-Scott-Rodino Filing Thresholds

FTC enacted the most radical change to Hart-Scott-Rodino Act HSR filing thresholds in decades. Pursuant to the Merger Filing Fee Modernization Act of 2022, which was signed into law as part of the Consolidated Appropriations Act on December 29, 2022.
Federal Trade Commission Hart Scott Rodino Act Merger Filing Fee Modernization Act Consolidated Appropriations Act Big Tech Transaction Trigger

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