Granting of Request for Early Termination of the Waiting Period Under the Premerger Notification Rules, 11666-11669 [05-4595]

Download as PDF 11666 Federal Register / Vol. 70, No. 45 / Wednesday, March 9, 2005 / Notices ** Reviewing instructions includes all efforts performed by or for the respondent to: determine whether and to what extent the respondent is covered by an agency collection of information, understand the nature of the request, and determine the appropriate response (including the creation and dissemination of document and/or electronic disclosures). Burden hours and costs for established entities: Burden for established entities already familiar with the Rule predictably would be less than for startup entities because start-up costs, such as crafting a privacy policy, are generally one-time costs and have Hours per respondent* Approx. number of respondents** managerial/professional clerical .......................... professional/technical .. clerical .......................... professional/technical .. 4 15 5 15 5 70,000 70,000 70,000 1,000 1,000 280,000 1,050,000 350,000 15,000 5,000 $10,001,600 14,458,500 9,929,500 206,550 141,850 .................................................. ........................ ........................ 1,700,000 34,738,000 Hourly wage and labor category Event Reviewing GLBA-implementing policies and practices .............. Disseminating annual disclosure ................................................ Changes to privacy policies and related disclosures ................. Total ..................................................................................... already been incurred. Staff’s best estimate of the average burden for these entities is as follows: $35.72 $13.77 $28.37 $13.77 $28.37 Approx. total annual hours Approx. total labor costs (dollars) * Staff calculated labor costs by applying appropriate hourly cost figures to burden hours. The hourly wage rates used were based on mean wages for managerial/ professional time (e.g., compliance evaluation and/or planning), skilled professional/technical time (e.g., designing and producing notices, reviewing and updating information systems), and clerical time (e.g., reproduction tasks, filing, and, where applicable to the given event, typing or mailing). (Bureau of Labor Statistics, Table 3, July 2003; https://www.bls.gov/ncs/ocs/sp/ncbl0635.pdf). Consumers have a continuing right to opt-out, as well as a right to revoke their opt-out at any time. When a respondent changes its information sharing practices, consumers are again given the opportunity to opt-out. Again, staff assumes that the time required of consumers to respond affirmatively to respondents’ opt-out programs (be it manually or electronically) would be minimal. ** The estimate of respondents is based on the following assumptions: (1) 100,000 respondents, approximately 70% of whom maintain customer relationships exceeding one year, (2) no more than 1% (1,000) of whom make additional changes to privacy policies at any time other than the occasion of the annual notice; and (3) such changes will occur no more often than once per year. As calculated above, the total annual PRA burden for all affected entities in a given year would be 2,000,000 hours and $42,544,000. Estimated Capital/Other Non-Labor Costs Burden: Staff estimates that the capital or other non-labor costs associated with the document requests are minimal. Covered entities will already be equipped to provide written notices (e.g., computers with word processing programs, typewriters, copying machines, mailing capabilities). Most likely, only entities that already have on-line capabilities will offer consumers the choice to receive notices via electronic format. As such, these entities will already be equipped with the computer equipment and software VerDate jul<14>2003 18:06 Mar 08, 2005 Jkt 205001 necessary to disseminate the required disclosures via electronic means. Christian S. White, Acting General Counsel. [FR Doc. 05–4590 Filed 3–8–05; 8:45 am] BILLING CODE 6750–01–P FEDERAL TRADE COMMISSION Granting of Request for Early Termination of the Waiting Period Under the Premerger Notification Rules Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by Title II of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, requires persons contemplating certain mergers or acquisitions to give the Federal Trade PO 00000 Frm 00062 Fmt 4703 Sfmt 4703 Commission and the Assistant Attorney General advance notice and to wait designated periods before consummation of such plans. Section 7A(b)(2) of the Act permits the agencies, in individual cases, to terminate this waiting period prior to its expiration and requires that notice of this action be published in the Federal Register. The following transactions were granted early termination of the waiting period provided by law and the premerger notification rules. The grants were made by the Federal Trade Commission and the Assistant Attorney General for the Antitrust Division of the Department of Justice. Neither agency intends to take any action with respect to these proposed acquisitions during the applicable waiting period. E:\FR\FM\09MRN1.SGM 09MRN1 VerDate jul<14>2003 18:06 Mar 08, 2005 Jkt 205001 PO 00000 Frm 00063 Fmt 4703 Sfmt 4725 E:\FR\FM\09MRN1.SGM 09MRN1 11667 EN09MR05.004</GPH> Federal Register / Vol. 70, No. 45 / Wednesday, March 9, 2005 / Notices VerDate jul<14>2003 Federal Register / Vol. 70, No. 45 / Wednesday, March 9, 2005 / Notices 18:06 Mar 08, 2005 Jkt 205001 PO 00000 Frm 00064 Fmt 4703 Sfmt 4725 E:\FR\FM\09MRN1.SGM 09MRN1 EN09MR05.005</GPH> 11668 Federal Register / Vol. 70, No. 45 / Wednesday, March 9, 2005 / Notices Sandra M. Peay, Contact Representative or Renee Hallman, Case Management Assistant, Federal Trade Commission, Premerger Notification Office, Bureau of Competition, Room H–303, Washington, DC 20580, (202) 326–3100. By direction of the Commission. Donald S. Clark, Secretary. [FR Doc. 05–4595 Filed 3–8–05; 8:45 am] BILLING CODE 6750–01–M FEDERAL TRADE COMMISSION [File No. 051 0007] Cemex S.A. de C.V.; Analysis To Aid Public Comment AGENCY: ACTION: VerDate jul<14>2003 18:06 Mar 08, 2005 Jkt 205001 PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 E:\FR\FM\09MRN1.SGM Federal Trade Commission. Proposed consent agreement. 09MRN1 EN09MR05.006</GPH> FOR FURTHER INFORMATION CONTACT: 11669

Agencies

[Federal Register Volume 70, Number 45 (Wednesday, March 9, 2005)]
[Notices]
[Pages 11666-11669]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-4595]


-----------------------------------------------------------------------

FEDERAL TRADE COMMISSION


Granting of Request for Early Termination of the Waiting Period 
Under the Premerger Notification Rules

    Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by Title II 
of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, requires 
persons contemplating certain mergers or acquisitions to give the 
Federal Trade Commission and the Assistant Attorney General advance 
notice and to wait designated periods before consummation of such 
plans. Section 7A(b)(2) of the Act permits the agencies, in individual 
cases, to terminate this waiting period prior to its expiration and 
requires that notice of this action be published in the Federal 
Register.
    The following transactions were granted early termination of the 
waiting period provided by law and the premerger notification rules. 
The grants were made by the Federal Trade Commission and the Assistant 
Attorney General for the Antitrust Division of the Department of 
Justice. Neither agency intends to take any action with respect to 
these proposed acquisitions during the applicable waiting period.

[[Page 11667]]

[GRAPHIC] [TIFF OMITTED] TN09MR05.004


[[Page 11668]]


[GRAPHIC] [TIFF OMITTED] TN09MR05.005


[[Page 11669]]


[GRAPHIC] [TIFF OMITTED] TN09MR05.006


FOR FURTHER INFORMATION CONTACT: Sandra M. Peay, Contact Representative 
or Renee Hallman, Case Management Assistant, Federal Trade Commission, 
Premerger Notification Office, Bureau of Competition, Room H-303, 
Washington, DC 20580, (202) 326-3100.

    By direction of the Commission.
Donald S. Clark,
Secretary.
[FR Doc. 05-4595 Filed 3-8-05; 8:45 am]
BILLING CODE 6750-01-M
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.