Revised Jurisdictional Thresholds for Section 8 of the Clayton Act, 8524 [2017-01802]

Download as PDF 8524 Federal Register / Vol. 82, No. 16 / Thursday, January 26, 2017 / Notices of the voting shares of First Advantage Bancorp, Clarksville, Tennessee, and thereby indirectly acquire shares of First Advantage Bank, Clarksville, Tennessee. B. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201–2272: 1. Captex Bancshares, Inc., Bryan, Texas; to become a bank holding company by acquiring 100 percent of Trenton Bankshares, Inc., and therefore indirectly acquire First National Bank of Trenton, both of Trenton, Texas. Board of Governors of the Federal Reserve System, January 23, 2017. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2017–01774 Filed 1–25–17; 8:45 am] BILLING CODE 6210–01–P two thresholds are met. Competitor corporations are covered by Section 8 if each one has capital, surplus, and undivided profits aggregating more than $10,000,000, with the exception that no corporation is covered if the competitive sales of either corporation are less than $1,000,000. Section 8(a)(5) requires the Federal Trade Commission to revise those thresholds annually, based on the change in gross national product. The new thresholds, which take effect immediately, are $32,914,000 for Section 8(a)(1), and $3,291,400 for Section 8(a)(2)(A). DATES: Effective Date: January 26, 2017. FOR FURTHER INFORMATION CONTACT: James F. Mongoven, Bureau of Competition, Office of Policy and Coordination, (202) 326–2879. Authority: 15 U.S.C. 19(a)(5). FEDERAL TRADE COMMISSION Donald S. Clark, Secretary. Revised Jurisdictional Thresholds for Section 8 of the Clayton Act [FR Doc. 2017–01802 Filed 1–25–17; 8:45 am] Federal Trade Commission. ACTION: Notice. BILLING CODE 6750–01–P AGENCY: FEDERAL TRADE COMMISSION The Federal Trade Commission announces the revised thresholds for interlocking directorates required by the 1990 amendment of Section 8 of the Clayton Act. Section 8 prohibits, with certain exceptions, one person from serving as a director or officer of two competing corporations if SUMMARY: Revised Jurisdictional Thresholds for Section 7A of the Clayton Act Federal Trade Commission. Notice. AGENCY: ACTION: The Federal Trade Commission announces the revised SUMMARY: thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 required by the 2000 amendment of Section 7A of the Clayton Act. DATES: Effective date: February 27, 2017. FOR FURTHER INFORMATION CONTACT: Robert Jones, Federal Trade Commission, Bureau of Competition, Premerger Notification Office, 400 7th Street SW., Room #5301, Washington, DC 20024, Phone (202) 326–3100. SUPPLEMENTARY INFORMATION: Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, Public Law 94–435, 90 Stat. 1390 (‘‘the Act’’), requires all persons contemplating certain mergers or acquisitions, which meet or exceed the jurisdictional thresholds in the Act, to file notification with the Commission and the Assistant Attorney General and to wait a designated period of time before consummating such transactions. Section 7A(a)(2) requires the Federal Trade Commission to revise those thresholds annually, based on the change in gross national product, in accordance with Section 8(a)(5). Note that while the filing fee thresholds are revised annually, the actual filing fees are not similarly indexed and, as a result, have not been adjusted for inflation in over a decade. The new thresholds, which take effect 30 days after publication in the Federal Register, are as follows: Original threshold (million) Subsection of 7A 7A(a)(2)(A) ............................................................................................................................................................... 7A(a)(2)(B)(i) ............................................................................................................................................................ 7A(a)(2)(B)(i) ............................................................................................................................................................ 7A(a)(2)(B)(ii)(i) ........................................................................................................................................................ 7A(a)(2)(B)(ii)(i) ........................................................................................................................................................ 7A(a)(2)(B)(ii)(II) ....................................................................................................................................................... 7A(a)(2)(B)(ii)(II) ....................................................................................................................................................... 7A(a)(2)(B)(ii)(III) ...................................................................................................................................................... 7A(a)(2)(B)(ii)(III) ...................................................................................................................................................... Section 7A note: Assessment and Collection of Filing Fees 1 (3)(b)(1) ................................................................. Section 7A note: Assessment and Collection of Filing Fees (3)(b)(2) .................................................................... Section 7A note: Assessment and Collection of Filing Fees (3)(b)(2) .................................................................... Section 7A note: Assessment and Collection of Filing Fees (3)(b)(3) .................................................................... jstallworth on DSK7TPTVN1PROD with NOTICES 1 Public Adjusted threshold (million) $200 50 200 10 100 10 100 100 10 100 100 500 500 Law 106–553, Sec. 630(b) amended Sec. 18a note. Any reference to these thresholds and related thresholds and limitation values in the HSR rules (16 CFR parts 801–803) and the Antitrust Improvements Act Notification and Report Form (‘‘the HSR Form’’) and its Instructions will also be adjusted, where indicated by the term ‘‘(as adjusted)’’, as follows: VerDate Sep<11>2014 15:10 Jan 25, 2017 Jkt 241001 PO 00000 Original threshold Adjusted threshold (million) $10 million 50 million 100 million 110 million 200 million 500 million 1 billion $16.2 80.8 161.5 177.7 323 807.5 1,615 Frm 00022 Fmt 4703 Sfmt 9990 By direction of the Commission. Donald S. Clark, Secretary. [FR Doc. 2017–01803 Filed 1–25–17; 8:45 am] BILLING CODE 6750–01–P E:\FR\FM\26JAN1.SGM 26JAN1 $323 80.8 323 16.2 161.5 16.2 161.5 161.5 16.2 161.5 161.5 807.5 807.5

Agencies

[Federal Register Volume 82, Number 16 (Thursday, January 26, 2017)]
[Notices]
[Page 8524]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-01802]


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FEDERAL TRADE COMMISSION


Revised Jurisdictional Thresholds for Section 8 of the Clayton 
Act

AGENCY: Federal Trade Commission.

ACTION: Notice.

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SUMMARY: The Federal Trade Commission announces the revised thresholds 
for interlocking directorates required by the 1990 amendment of Section 
8 of the Clayton Act. Section 8 prohibits, with certain exceptions, one 
person from serving as a director or officer of two competing 
corporations if two thresholds are met. Competitor corporations are 
covered by Section 8 if each one has capital, surplus, and undivided 
profits aggregating more than $10,000,000, with the exception that no 
corporation is covered if the competitive sales of either corporation 
are less than $1,000,000. Section 8(a)(5) requires the Federal Trade 
Commission to revise those thresholds annually, based on the change in 
gross national product. The new thresholds, which take effect 
immediately, are $32,914,000 for Section 8(a)(1), and $3,291,400 for 
Section 8(a)(2)(A).

DATES: Effective Date: January 26, 2017.

FOR FURTHER INFORMATION CONTACT: James F. Mongoven, Bureau of 
Competition, Office of Policy and Coordination, (202) 326-2879.

    Authority:  15 U.S.C. 19(a)(5).

Donald S. Clark,
Secretary.
[FR Doc. 2017-01802 Filed 1-25-17; 8:45 am]
 BILLING CODE 6750-01-P