Market Dominant Price Adjustment, 34770-34771 [2020-12316]

Download as PDF 34770 Federal Register / Vol. 85, No. 110 / Monday, June 8, 2020 / Notices Service request, the title of each Postal Service request, the request’s acceptance date, and the authority cited by the Postal Service for each request. For each request, the Commission appoints an officer of the Commission to represent Dated: June 3, 2020. the interests of the general public in the For the Nuclear Regulatory Commission. proceeding, pursuant to 39 U.S.C. 505 David C. Cullison, (Public Representative). Section II also NRC Clearance Officer, Office of the Chief establishes comment deadline(s) Information Officer. pertaining to each request. [FR Doc. 2020–12328 Filed 6–5–20; 8:45 am] The public portions of the Postal BILLING CODE 7590–01–P Service’s request(s) can be accessed via the Commission’s website (https:// www.prc.gov). Non-public portions of POSTAL REGULATORY COMMISSION the Postal Service’s request(s), if any, [Docket Nos. MC2020–148 and CP2020–159; can be accessed through compliance MC2020–149 and CP2020–160; MC2020–150 with the requirements of 39 CFR and CP2020–161; MC2020–151 and CP2020– 3011.301.1 162] The Commission invites comments on whether the Postal Service’s request(s) New Postal Products in the captioned docket(s) are consistent with the policies of title 39. For AGENCY: Postal Regulatory Commission. request(s) that the Postal Service states ACTION: Notice. concern market dominant product(s), applicable statutory and regulatory SUMMARY: The Commission is noticing a requirements include 39 U.S.C. 3622, 39 recent Postal Service filing for the Commission’s consideration concerning U.S.C. 3642, 39 CFR part 3030, and 39 CFR part 3040, subpart B. For request(s) negotiated service agreements. This that the Postal Service states concern notice informs the public of the filing, invites public comment, and takes other competitive product(s), applicable statutory and regulatory requirements administrative steps. include 39 U.S.C. 3632, 39 U.S.C. 3633, DATES: Comments are due: June 10, 39 U.S.C. 3642, 39 CFR part 3035, and 2020. 39 CFR part 3040, subpart B. Comment ADDRESSES: Submit comments deadline(s) for each request appear in electronically via the Commission’s section II. Filing Online system at https:// www.prc.gov. Those who cannot submit II. Docketed Proceeding(s) 1. Docket No(s).: MC2020–148 and comments electronically should contact the person identified in the FOR FURTHER CP2020–159; Filing Title: USPS Request to Add Priority Mail Contract 623 to INFORMATION CONTACT section by Competitive Product List and Notice of telephone for advice on filing Filing Materials Under Seal; Filing alternatives. Acceptance Date: June 2, 2020; Filing FOR FURTHER INFORMATION CONTACT: Authority: 39 U.S.C. 3642, 39 CFR David A. Trissell, General Counsel, at 3040.130 et seq., and 39 CFR 3035.105; 202–789–6820. Public Representative: Kenneth R. SUPPLEMENTARY INFORMATION: Moeller; Comments Due: June 10, 2020. 2. Docket No(s).: MC2020–149 and Table of Contents CP2020–160; Filing Title: USPS Request I. Introduction to Add Priority Mail Contract 624 to II. Docketed Proceeding(s) Competitive Product List and Notice of I. Introduction Filing Materials Under Seal; Filing The Commission gives notice that the Acceptance Date: June 2, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR Postal Service filed request(s) for the Commission to consider matters related 3040.130 et seq., and 39 CFR 3035.105; Public Representative: Kenneth R. to negotiated service agreement(s). The Moeller; Comments Due: June 10, 2020. request(s) may propose the addition or 3. Docket No(s).: MC2020–150 and removal of a negotiated service CP2020–161; Filing Title: USPS Request agreement from the market dominant or to Add Priority Mail Contract 625 to the competitive product list, or the Competitive Product List and Notice of modification of an existing product Filing Materials Under Seal; Filing currently appearing on the market dominant or the competitive product 1 See Docket No. RM2018–3, Order Adopting list. Final Rules Relating to Non-Public Information, Section II identifies the docket June 27, 2018, Attachment A at 19–22 (Order No. 4679). number(s) associated with each Postal khammond on DSKJM1Z7X2PROD with NOTICES 4. How can the burden of the information collection on respondents be minimized, including the use of automated collection techniques or other forms of information technology? VerDate Sep<11>2014 17:09 Jun 05, 2020 Jkt 250001 PO 00000 Frm 00071 Fmt 4703 Sfmt 4703 Acceptance Date: June 2, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 et seq., and 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: June 10, 2020. 4. Docket No(s).: MC2020–151 and CP2020–162; Filing Title: USPS Request to Add Priority Mail Contract 626 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: June 2, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 et seq., and 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: June 10, 2020. This Notice will be published in the Federal Register. Erica A. Barker, Secretary. [FR Doc. 2020–12358 Filed 6–5–20; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. R2020–2; Order No. 5526] Market Dominant Price Adjustment Postal Regulatory Commission. ACTION: Notice. AGENCY: The Commission is noticing a recently filed Postal Service Notice regarding a Type 1–C Market Dominant rate adjustment. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: June 22, 2020. SUMMARY: Submit comments electronically via the Commission’s Filing Online system at https:// www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. ADDRESSES: FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. Overview III. Initial Commission Action IV. Ordering Paragraphs I. Introduction In accordance with 39 U.S.C. 3622 and 39 CFR part 3030, the Postal Service has filed notice of its intent to offer a new rate incentive, which would result E:\FR\FM\08JNN1.SGM 08JNN1 Federal Register / Vol. 85, No. 110 / Monday, June 8, 2020 / Notices in a rate decrease.1 The Postal Service seeks Commission approval of this rate incentive and related classification changes. Notice at 2. II. Overview Under the Commission’s rules pertaining to Market Dominant rate adjustments, a ‘‘Type 1–C’’ rate adjustment is ‘‘an adjustment to a rate of general applicability that contains only a decrease.’’ 39 CFR 3030.506(a). Such a rate adjustment ‘‘may generate unused rate adjustment authority . . .’’ in certain circumstances. 39 CFR 3030.506(b). The Postal Service states that it intends to offer an Every Door Direct Mail Retail (‘‘EDDM Retail’’) discount beginning August 1, 2020. Notice at 2. Specifically, the Postal Service asserts that: khammond on DSKJM1Z7X2PROD with NOTICES The extraordinary and unprecedented nature of the COVID–19 pandemic and the current economic downturn has severely harmed many businesses. Small local businesses have been hit particularly hard as they adopt austerity measures and pull back on their marketing efforts in response to business closures or drastic reductions in demand. EDDM Retail volume was down in Quarter 2 as compared to the same period last year by 21.3 million pieces (or 13.3 percent) while revenue fell by $3.2 million dollars (or 11 percent). A decline is projected to continue through postal Quarter 3, FY 2020 or further. Concurrent with the gradual reopening of the economy, the Postal Service intends to offer an EDDM Retail discount to encourage use of the mail as an advertising platform to reach existing and new customers. This should in turn assist small local businesses in recovering from the impact of the pandemic. Postage for all EDDM Retail pieces entered between August 1 and September 30, 2020 will be $0.172 per piece, a 10 percent reduction off the current permanent rate of $0.191. No registration is required: All EDDM Retail pieces entered during the promotional period will receive the discount. Id. at 3. In support of its Notice, the Postal Service asserts that it has provided the information required by 39 CFR 3030.512(a), including a schedule of planned rates; the planned effective dates; representation that public notice of the planned rates has or will be issued; and the identity of a responsible Postal Service official available to respond to inquiries from the Commission.2 The Postal Service provides price cap compliance information as required by 39 CFR 3030.512(b)(1)–(4). The Postal 1 United States Postal Service Notice of Type 1– C Market Dominant Price Change, June 1, 2020 (Notice). 2 Notice at 2. The Postal Service filed its proposed changes to the Mail Classification Schedule as an attachment to its Notice. See Notice, Attachment A. VerDate Sep<11>2014 17:09 Jun 05, 2020 Jkt 250001 Service states that it is electing to generate unused rate adjustment authority from the EDDM Retail discount pursuant to 39 CFR 3030.506(b) and 39 CFR 3030.512(b)(10). Notice at 4. It states that the workpapers for USPS Marketing Mail from Docket No. R2020–1 have been amended consistent with 39 CFR 3030.527 and 39 CFR 3030.523(b)(2). Id. The amended workpapers have been filed as a library reference.3 The Postal Service asserts that the discount will generate a small amount of price cap space for the USPS Marketing Mail class (approximately $2 million, or 0.012 percent). Notice at 4. As required by 39 CFR 3030.512(b)(7), the Postal Service provides a discussion of how this planned rate adjustment is designed to help achieve the objectives listed in 39 U.S.C. 3622(b), and properly takes into account the factors in 39 U.S.C. 3622(c). Id. at 5. With regard to 39 CFR 3030.512(b)(5)– (6), the Postal Service asserts that the EDDM Retail discount would have no effect on workshare discounts approved in Docket No. R2020–1. Id. With regard to 39 CFR 3030.512(b)(8), the Postal Service asserts that the EDDM Retail discount will move the revenue-perpiece ratio calculated in Docket No. R2020–1 closer to 60 percent, as required by 39 U.S.C. 3626(a)(6). Id. at 5–6. The Postal Service asserts that no other portions of 39 U.S.C. 3626, 3627, or 3629 are implicated in this matter. Id. III. Initial Commission Action The Commission establishes Docket No. R2020–2 to consider the matters raised by the Notice. The Commission invites comments on whether the Postal Service’s filing is consistent with the requirements of 39 U.S.C. 3622 and 3626, as well as 39 CFR part 3030. Comments are due June 22, 2020. See 39 CFR 3030.511(a)(5); 3010.108. These filings can be accessed via the Commission’s website (https:// www.prc.gov). The Commission appoints Natalie R. Ward to serve as an officer of the Commission to represent the interests of the general public in these proceedings (Public Representative). IV. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. R2020–2 to consider the matters raised by the Notice. 2. Comments are due June 22, 2020. 3. Pursuant to 39 U.S.C. 505, Natalie R. Ward is appointed to serve as an 3 Library Reference USPS–LR–R2020–2/1, June 1, 2020. PO 00000 Frm 00072 Fmt 4703 Sfmt 4703 34771 officer of the Commission to represent the interests of the general public in these proceedings (Public Representative). 4. The Secretary shall arrange for publication of this Order in the Federal Register. By the Commission. Erica A. Barker, Secretary. [FR Doc. 2020–12316 Filed 6–5–20; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–88994; File No. SR–ISE– 2020–21] Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Further Extend the Deadline for Certain Written Supervisory-Related Reports Pursuant to Options 10, Section 7 (Supervision of Accounts) June 2, 2020. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on June 1, 2020, Nasdaq ISE, LLC (‘‘ISE’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘SEC’’ or ‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to further extend the filing requirements for certain written reports pursuant to Options 10, Section 7, currently due June 1, 2020, to June 30, 2020. The text of the proposed rule change is available on the Exchange’s website at https://ise.cchwallstreet.com/, at the principal office of the Exchange, and at the Commission’s Public Reference Room. II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements 1 15 2 17 E:\FR\FM\08JNN1.SGM U.S.C. 78s(b)(1). CFR 240.19b–4. 08JNN1

Agencies

POSTAL REGULATORY COMMISSION

[Federal Register Volume 85, Number 110 (Monday, June 8, 2020)]
[Notices]
[Pages 34770-34771]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12316]


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

POSTAL REGULATORY COMMISSION

[Docket No. R2020-2; Order No. 5526]


Market Dominant Price Adjustment

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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

SUMMARY: The Commission is noticing a recently filed Postal Service 
Notice regarding a Type 1-C Market Dominant rate adjustment. This 
notice informs the public of the filing, invites public comment, and 
takes other administrative steps.

DATES: Comments are due: June 22, 2020.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at https://www.prc.gov. Those who cannot submit comments 
electronically should contact the person identified in the FOR FURTHER 
INFORMATION CONTACT section by telephone for advice on filing 
alternatives.

FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 
202-789-6820.

SUPPLEMENTARY INFORMATION: 

Table of Contents

I. Introduction
II. Overview
III. Initial Commission Action
IV. Ordering Paragraphs

I. Introduction

    In accordance with 39 U.S.C. 3622 and 39 CFR part 3030, the Postal 
Service has filed notice of its intent to offer a new rate incentive, 
which would result

[[Page 34771]]

in a rate decrease.\1\ The Postal Service seeks Commission approval of 
this rate incentive and related classification changes. Notice at 2.
---------------------------------------------------------------------------

    \1\ United States Postal Service Notice of Type 1-C Market 
Dominant Price Change, June 1, 2020 (Notice).
---------------------------------------------------------------------------

II. Overview

    Under the Commission's rules pertaining to Market Dominant rate 
adjustments, a ``Type 1-C'' rate adjustment is ``an adjustment to a 
rate of general applicability that contains only a decrease.'' 39 CFR 
3030.506(a). Such a rate adjustment ``may generate unused rate 
adjustment authority . . .'' in certain circumstances. 39 CFR 
3030.506(b).
    The Postal Service states that it intends to offer an Every Door 
Direct Mail Retail (``EDDM Retail'') discount beginning August 1, 2020. 
Notice at 2. Specifically, the Postal Service asserts that:

    The extraordinary and unprecedented nature of the COVID-19 
pandemic and the current economic downturn has severely harmed many 
businesses. Small local businesses have been hit particularly hard 
as they adopt austerity measures and pull back on their marketing 
efforts in response to business closures or drastic reductions in 
demand. EDDM Retail volume was down in Quarter 2 as compared to the 
same period last year by 21.3 million pieces (or 13.3 percent) while 
revenue fell by $3.2 million dollars (or 11 percent). A decline is 
projected to continue through postal Quarter 3, FY 2020 or further.
    Concurrent with the gradual reopening of the economy, the Postal 
Service intends to offer an EDDM Retail discount to encourage use of 
the mail as an advertising platform to reach existing and new 
customers. This should in turn assist small local businesses in 
recovering from the impact of the pandemic. Postage for all EDDM 
Retail pieces entered between August 1 and September 30, 2020 will 
be $0.172 per piece, a 10 percent reduction off the current 
permanent rate of $0.191. No registration is required: All EDDM 
Retail pieces entered during the promotional period will receive the 
discount. Id. at 3.

    In support of its Notice, the Postal Service asserts that it has 
provided the information required by 39 CFR 3030.512(a), including a 
schedule of planned rates; the planned effective dates; representation 
that public notice of the planned rates has or will be issued; and the 
identity of a responsible Postal Service official available to respond 
to inquiries from the Commission.\2\
---------------------------------------------------------------------------

    \2\ Notice at 2. The Postal Service filed its proposed changes 
to the Mail Classification Schedule as an attachment to its Notice. 
See Notice, Attachment A.
---------------------------------------------------------------------------

    The Postal Service provides price cap compliance information as 
required by 39 CFR 3030.512(b)(1)-(4). The Postal Service states that 
it is electing to generate unused rate adjustment authority from the 
EDDM Retail discount pursuant to 39 CFR 3030.506(b) and 39 CFR 
3030.512(b)(10). Notice at 4. It states that the workpapers for USPS 
Marketing Mail from Docket No. R2020-1 have been amended consistent 
with 39 CFR 3030.527 and 39 CFR 3030.523(b)(2). Id. The amended 
workpapers have been filed as a library reference.\3\ The Postal 
Service asserts that the discount will generate a small amount of price 
cap space for the USPS Marketing Mail class (approximately $2 million, 
or 0.012 percent). Notice at 4.
---------------------------------------------------------------------------

    \3\ Library Reference USPS-LR-R2020-2/1, June 1, 2020.
---------------------------------------------------------------------------

    As required by 39 CFR 3030.512(b)(7), the Postal Service provides a 
discussion of how this planned rate adjustment is designed to help 
achieve the objectives listed in 39 U.S.C. 3622(b), and properly takes 
into account the factors in 39 U.S.C. 3622(c). Id. at 5.
    With regard to 39 CFR 3030.512(b)(5)-(6), the Postal Service 
asserts that the EDDM Retail discount would have no effect on workshare 
discounts approved in Docket No. R2020-1. Id. With regard to 39 CFR 
3030.512(b)(8), the Postal Service asserts that the EDDM Retail 
discount will move the revenue-per-piece ratio calculated in Docket No. 
R2020-1 closer to 60 percent, as required by 39 U.S.C. 3626(a)(6). Id. 
at 5-6. The Postal Service asserts that no other portions of 39 U.S.C. 
3626, 3627, or 3629 are implicated in this matter. Id.

III. Initial Commission Action

    The Commission establishes Docket No. R2020-2 to consider the 
matters raised by the Notice. The Commission invites comments on 
whether the Postal Service's filing is consistent with the requirements 
of 39 U.S.C. 3622 and 3626, as well as 39 CFR part 3030. Comments are 
due June 22, 2020. See 39 CFR 3030.511(a)(5); 3010.108. These filings 
can be accessed via the Commission's website (https://www.prc.gov).
    The Commission appoints Natalie R. Ward to serve as an officer of 
the Commission to represent the interests of the general public in 
these proceedings (Public Representative).

IV. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket No. R2020-2 to consider the 
matters raised by the Notice.
    2. Comments are due June 22, 2020.
    3. Pursuant to 39 U.S.C. 505, Natalie R. Ward is appointed to serve 
as an officer of the Commission to represent the interests of the 
general public in these proceedings (Public Representative).
    4. The Secretary shall arrange for publication of this Order in the 
Federal Register.

    By the Commission.
Erica A. Barker,
Secretary.
[FR Doc. 2020-12316 Filed 6-5-20; 8:45 am]
 BILLING CODE 7710-FW-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.