U.S. Senate Passes Bill to Substantially Increase Hart-Scott-Rodino Act Filing Fees for Large Transactions

Sullivan & Cromwell LLP - June 10, 2021
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On June 8, 2021, the U.S. Senate passed legislation altering the filing fees payable for transactions that are reportable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”).  The legislation still must be passed by the U.S House of Representatives and signed by President Biden to become law.  If enacted, the law would slightly lower the fee for small transactions, but for larger transactions the fee would increase substantially.

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