Redstone Government Consulting Blog | Federal Acquisition Regulation (FAR) (17)

On April 12, 2016, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) issued a joint statement explaining their standard of review under the antitrust statutes of proposed transactions (mergers, teaming agreements, and other joint business arrangements) acquisitions, within the defense industry. The DOJ and FTC are responsible for reviewing mergers in the defense industry under Section 7 of the Clayton Act, which prohibits mergers whose effect “may be substantially to lessen competition, or to tend to create a monopoly.”

Just a follow-up to our July 13, 2015 blog and a reminder that effective October 1, 2015 a number of FAR dollar-thresholds will be updated in accordance with 41 U.S.C. Section 1908, which requires the inflation adjustment of dollar thresholds every five years. The upcoming changes were posted in July within Federal Register Vol. 80 No. 127; however, the impact of these changes is minimal with most commonly used dollar thresholds being increased around 6-7%. A detailed list of the most frequently used thresholds and their changes are noted below.