On January 16, 2007, the Federal Trade Commission (FTC) announced new jurisdictional thresholds for premerger notification filings made pursuant to the HSR Act. The new thresholds for HSR notification took effect on February 21, 2007. Under the HSR Act, certain acquisitions of assets, voting securities, and/or interests in noncorporate entities are subject to premerger notification filing and waiting period requirements if the applicable jurisdictional thresholds are satisfied and no exemption applies. The FTC’s recent changes to the jurisdictional thresholds were prompted by a 2000 amendment to the HSR Act, which requires the FTC to adjust on an annual basis the $50 million and $200 million size-oftransaction threshold tests, and the $10 million and $100 million size-of-person threshold tests based on changes to the U.S. gross national product for each fiscal year compared to the gross national product for the fiscal year ending September 30, 2003. The threshold changes do not affect the amount of the applicable HSR filing fees to be paid, but do affect the threshold levels applicable to each of the filing fees.