Takeaways The new minimum HSR “Size of Transaction” threshold is increasing from $92 million to $101 million. New thresholds apply to transactions closing on or after February 23, 2022. This $9 million increase is the largest ever annual adjustment to the minimum HSR “Size of Transaction” threshold. Failure to file may result in a fine of up to $46,517 per day of non-compliance. The HSR Act casts a wide net, catching mergers and acquisitions, minority stock positions (including compensation...

Key Notes: The HSR size-of-transaction threshold will increase from $92 million to $101 million. The Federal Trade Commission (FTC) announced on Friday that the jurisdictional thresholds for filings under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act will increase in 2022, including an increase of nearly 10% in the size-of-transaction threshold from $92 million to $101 million. As required by statute, the FTC adjusts the HSR thresholds annually based on the change in gross national product. The HSR thresholds decreased in 2021—a rare...

2022 is here, and hopefully, it will be remembered as the year we put an end to Covid-19. Several industries are poised to complete the economic rebound or even boom. These are sectors that we at Cea Legal will be following closely: Blockchain, blockchain, blockchain! 2021 was an amazing year for the blockchain industry, as the business world better understood that the magnitude of this technology is much bigger than the pioneer, Bitcoin. Since the iconic sale of Beeple digital art...

On Thursday the Russian Central Bank proposed a ban on the use and mining of cryptocurrencies in a bid to stave off increasing financial instability and safeguard monetary policy dominance. This comes just days after the Financial Conduct Authority in the UK announced it will be cracking down on the use of promotional ads and marketing strategies by cryptocurrency traders, fearing that consumers are being misled into undertaking risky investments they do not understand. This follows a move in December 2021...

In December 2021, the White House issued the United States Strategy on Countering Corruption (the Strategy). The Strategy was issued pursuant to a June 3, 2021 National Security Study Memorandum on Establishing the Fight Against Corruption as a Core United States National Security Interest (the NSSM). Although the issue of corruption has been linked to national security in the past, the NSSM's pronouncement that the fight against corruption represents a "core" national security interest, and the investing of responsibility for...

There was no respite in privacy and cyber law in December 2021, despite the holidays and COVID-19 case surge. Domestically, U.S. regulators stepped up their efforts, signaling their focus on privacy policies (FTC) and security incident notification (federal banking agencies); meanwhile Democratic senators urged the CFPB to take a more proactive stance with consumer reporting agencies. In U.S. litigation, Illinois' biometric statute (BIPA) continued to take center stage, as did FTC settlements with companies accused of deceptive practices related...

On January 1, 2022, new EU rules on digital content and on the sale of goods entered into force. Two European directives, , Directive (EU) 2019/770 on certain aspects concerning contracts for the supply of digital content and digital services (L_2019136EN.01000101.xml (europa.eu)) and Directive (EU) 2019/771 on certain aspects concerning contracts for the sale of goods (L_2019136EN.01002801.xml (europa.eu)), are intended to harmonize key consumer contract law rules across the EU. Following a two-year transposition period during which the Member States had to implement the...