Revised Jurisdictional Thresholds for Section 7A of the Clayton Act, 7708-7709 [2024-02227]

Download as PDF 7708 Federal Register / Vol. 89, No. 24 / Monday, February 5, 2024 / Notices Estimated burden per Response: 15 minutes. Frequency of Response: Annually and on occasion. Estimated total Annual Burden: 1,275 hours. Expiration Date Number of Appraisers (for invoicing registry fee) States listing AMCs on the AMC Registry enter the above information for each AMC for the initial entry only. After the initial entry, the information is retained on the AMC Registry, and will only need to be amended, if necessary, by the State. The estimate for burden assumes that 51 States will continue to register and supervise AMCs, and that the average number of AMCs in a State will be 101. This estimate is based on information currently available on the AMC Registry, and will be high for some States, and low for other States. As of January 16, 2024, 49 States are submitting data to the AMC Registry. The initial entry by a State on a single AMC is estimated to take 15 minutes. Subsequent entries to amend information on an AMC, annually or periodically, are estimated to also be 15 minutes. Current Action: Annual burden has been increased from 1,148 hours to 1,275 as the number of 90 that was used in the previous collection renewal estimate has been increased to 101. Type of Review: Extension of a currently approved collection. Affected Public: States. Estimated Number of Respondents: 51 States. By the Appraisal Subcommittee. James R. Park, Executive Director. [FR Doc. 2024–02184 Filed 2–2–24; 8:45 am] BILLING CODE 6700–01–P This document announces updates to (1) the thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as required by the 2000 amendment of section 7A of the Clayton Act; and (2) the filing fee schedule for the same Act, as required by division GG of the 2023 Consolidated Appropriations Act. Both updates are discussed in more detail below. SUPPLEMENTARY INFORMATION: (1) The Jurisdictional Thresholds FEDERAL TRADE COMMISSION Revised Jurisdictional Thresholds for Section 7A of the Clayton Act Federal Trade Commission. Annual notice of revision. AGENCY: ACTION: The Federal Trade Commission announces the revised thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 required by the 2000 amendment of section 7A of the Clayton Act; and the revised filing fee schedule for the same Act required by division GG of the 2023 Consolidated Appropriations Act. DATES: March 6, 2024. FOR FURTHER INFORMATION CONTACT: Nora Whitehead (202–326–3100), Bureau of Competition, Premerger Notification Office, 400 7th Street SW, Room 5301, Washington, DC 20024. SUMMARY: Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by the Hart-ScottRodino 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). The new jurisdictional thresholds, which take effect 30 days after publication in the Federal Register, are as follows: Original jurisdictional 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) ...................................................................................................... Any reference to the jurisdictional thresholds and related thresholds and limitation values in the HSR rules (16 $200 50 200 10 100 10 100 100 10 CFR parts 801 through 803) and the Antitrust Improvements Act Notification and Report Form (‘‘the HSR lotter on DSK11XQN23PROD with NOTICES1 Adjusted threshold $10 million ....................................................................................................................................................................... $50 million ....................................................................................................................................................................... $100 million ..................................................................................................................................................................... $110 million ..................................................................................................................................................................... $200 million ..................................................................................................................................................................... $500 million ..................................................................................................................................................................... $1 billion .......................................................................................................................................................................... Section 605 of Public Law 101–162 (15 U.S.C. 18a note) requires the Federal VerDate Sep<11>2014 17:56 Feb 02, 2024 Jkt 262001 Trade Commission to assess and collect filing fees from persons acquiring voting securities or assets under the Act. The PO 00000 Frm 00027 Fmt 4703 $478 119.5 478 23.9 239 23.9 239 239 23.9 Form’’) and its Instructions will also be adjusted, where indicated by the term ‘‘(as adjusted)’’, as follows: Original threshold (2) The Filing Fee Thresholds Adjusted jurisdictional threshold (million) Sfmt 4703 $23.9 million. $119.5 million. $239 million. $262.9 million. $478 million. $1.195 billion. $2.39 billion. current filing fee thresholds are set forth in Section 605. Division GG of the 2023 Consolidated Appropriations Act, E:\FR\FM\05FEN1.SGM 05FEN1 7709 Federal Register / Vol. 89, No. 24 / Monday, February 5, 2024 / Notices Public Law 117–328, 136 Stat. 4459, requires the Federal Trade Commission to revise these filing fee thresholds and amounts based on the percentage change in the GNP for such fiscal year compared to the GNP for the year ending September 30, 2022 (for the filing fee thresholds) and the percentage increase, if any, in the Consumer Price Index, as determined by the Department of Labor or its successor, for the year then ended over the level so established for the year ending September 30, 2022 (for the fee amounts). 2024 Adjusted filing fee Original filing fee Original applicable size of transaction * $30,000 ................................ 100,000 ................................ $30,000 105,000 400,000 ................................ less than $161.5 million .................................... not less than $161.5 million but less than $500 million. not less than $500 million but less than $1 billion. not less than $1 billion but less than $2 billion 800,000 ................................ not less than $2 billion but less than $5 billion 830,000 2,250,000 ............................. $5 billion or more .............................................. 250,000 ................................ 260,000 415,000 2,335,000 Any reference to the fee thresholds and related values in the HSR rules (16 CFR parts 801 through 803) and the HSR Form and its Instructions will also be adjusted, where indicated by the term ‘‘(as adjusted)’’, as follows: 2024 Adjusted applicable size of transaction * less than $173.3 million. not less than $173.3 million $536.5 million. not less than $536.5 million $1.073 billion. not less than $1.073 billion $2.146 billion. not less than $2.146 billion $5.365 billion. $5.365 billion or more. but less than but less than but less than but less than * As determined under Section 7A(a)(2) of the Act. By direction of the Commission. Joel Christie, Acting Secretary. [FR Doc. 2024–02227 Filed 2–2–24; 8:45 am] BILLING CODE 6750–01–P GENERAL SERVICES ADMINISTRATION [OMB Control No. 3090–0315; Docket No. 2024–0001; Sequence No. 1] Information Collection; Ombudsman Inquiry/Request Instrument Office of Acquisition Policy, Office of the Procurement Ombudsman (OPO), General Services Administration (GSA). ACTION: Notice and request for comments. AGENCY: Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division will be submitting to the OMB a request to review and approve a renewal to an existing information collection requirement regarding OMB Control No: 3090–0315; Ombudsman Inquiry/ Request Instrument. DATES: Submit comments on or before April 5, 2024. ADDRESSES: Submit comments regarding this collection via https:// www.regulations.gov and follow the instructions on the site. Submit comments via the Federal eRulemaking portal by searching the OMB control number. Select the link ‘‘Comment Now’’ that corresponds with ‘‘Information Collection 3090–0315.’’ Please include your name, company name (if any) and ‘‘Information Collection 3090–0315, Ombudsman lotter on DSK11XQN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 17:56 Feb 02, 2024 Jkt 262001 Inquiry Request/Request Instrument’’ on your attached document. Instructions: Please submit comments only and cite Information Collection 3090–0315; Ombudsman Inquiry/ Request Instrument, in all correspondence related to this collection. Comments received generally will be posted without change to https:// www.regulations.gov, including any personal and/or business confidential information provided. To confirm receipt of your comment(s), please check www.regulations.gov, approximately two-to-three days after submission to verify posting. If there are difficulties submitting comments, contact the GSA Regulatory Secretariat Division at GSARegSec@gsa.gov. FOR FURTHER INFORMATION CONTACT: Frederick Landry, GSA Procurement Ombudsman & Industry Liaison, at telephone 202–501–4755. SUPPLEMENTARY INFORMATION: A. Purpose The online intake Instrument on the GSA Ombudsman’s web page receives inquiries from vendors who are currently doing business with or interested in doing business with GSA. The inquiries are collected by the GSA Ombudsman and routed to the appropriate office for resolution and/or implementation in the case of recommendations for process or program improvements. Reporting of the data collected helps highlight thematic issues that vendors encounter with GSA acquisition programs, processes, or policies, and identify areas where training is needed. The information collected also assists in identifying and analyzing patterns and trends to help PO 00000 Frm 00028 Fmt 4703 Sfmt 9990 improve efficiencies and lead to improvements in current practices. B. Annual Reporting Burden Maximum Potential Respondents: 118. Responses per Respondent: 1. Total Maximum Potential Annual Responses: 118. Hours per Response: .25. Total Burden Hours: 29.5. C. Public Comments Public comments are particularly invited on: Whether this collection of information is necessary, whether it will have practical utility; whether our estimate of the public burden of this collection of information is accurate, and based on valid assumptions and methodology; ways to enhance the quality, utility, and clarity of the information to be collected; and ways in which we can minimize the burden of the collection of information on those who are to respond, through the use of appropriate technological collection techniques or other forms of information technology. Obtaining Copies: Requesters may obtain a copy of the information collection documents from the GSA Regulatory Secretariat Division at GSARegSec@gsa.gov. Please cite OMB Control No. 3090–0315, Ombudsman Inquiry/Request Instrument, in all correspondence. Lesley Briante, Deputy Chief Information Officer. [FR Doc. 2024–02189 Filed 2–2–24; 8:45 am] BILLING CODE 6820–61–P E:\FR\FM\05FEN1.SGM 05FEN1

Agencies

[Federal Register Volume 89, Number 24 (Monday, February 5, 2024)]
[Notices]
[Pages 7708-7709]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-02227]


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FEDERAL TRADE COMMISSION


Revised Jurisdictional Thresholds for Section 7A of the Clayton 
Act

AGENCY: Federal Trade Commission.

ACTION: Annual notice of revision.

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

SUMMARY: The Federal Trade Commission announces the revised thresholds 
for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 required 
by the 2000 amendment of section 7A of the Clayton Act; and the revised 
filing fee schedule for the same Act required by division GG of the 
2023 Consolidated Appropriations Act.

DATES: March 6, 2024.

FOR FURTHER INFORMATION CONTACT: Nora Whitehead (202-326-3100), Bureau 
of Competition, Premerger Notification Office, 400 7th Street SW, Room 
5301, Washington, DC 20024.

SUPPLEMENTARY INFORMATION: This document announces updates to (1) the 
thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 
1976, as required by the 2000 amendment of section 7A of the Clayton 
Act; and (2) the filing fee schedule for the same Act, as required by 
division GG of the 2023 Consolidated Appropriations Act. Both updates 
are discussed in more detail below.

(1) The Jurisdictional Thresholds

    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).
    The new jurisdictional thresholds, which take effect 30 days after 
publication in the Federal Register, are as follows:

----------------------------------------------------------------------------------------------------------------
                                                          Original jurisdictional      Adjusted jurisdictional
                   Subsection of 7A                         threshold (million)          threshold (million)
----------------------------------------------------------------------------------------------------------------
7A(a)(2)(A)...........................................                         $200                         $478
7A(a)(2)(B)(i)........................................                           50                        119.5
7A(a)(2)(B)(i)........................................                          200                          478
7A(a)(2)(B)(ii)(i)....................................                           10                         23.9
7A(a)(2)(B)(ii)(i)....................................                          100                          239
7A(a)(2)(B)(ii)(II)...................................                           10                         23.9
7A(a)(2)(B)(ii)(II)...................................                          100                          239
7A(a)(2)(B)(ii)(III)..................................                          100                          239
7A(a)(2)(B)(ii)(III)..................................                           10                         23.9
----------------------------------------------------------------------------------------------------------------

    Any reference to the jurisdictional thresholds and related 
thresholds and limitation values in the HSR rules (16 CFR parts 801 
through 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:

----------------------------------------------------------------------------------------------------------------
                     Original threshold                                       Adjusted threshold
----------------------------------------------------------------------------------------------------------------
$10 million................................................  $23.9 million.
$50 million................................................  $119.5 million.
$100 million...............................................  $239 million.
$110 million...............................................  $262.9 million.
$200 million...............................................  $478 million.
$500 million...............................................  $1.195 billion.
$1 billion.................................................  $2.39 billion.
----------------------------------------------------------------------------------------------------------------

(2) The Filing Fee Thresholds

    Section 605 of Public Law 101-162 (15 U.S.C. 18a note) requires the 
Federal Trade Commission to assess and collect filing fees from persons 
acquiring voting securities or assets under the Act. The current filing 
fee thresholds are set forth in Section 605. Division GG of the 2023 
Consolidated Appropriations Act,

[[Page 7709]]

Public Law 117-328, 136 Stat. 4459, requires the Federal Trade 
Commission to revise these filing fee thresholds and amounts based on 
the percentage change in the GNP for such fiscal year compared to the 
GNP for the year ending September 30, 2022 (for the filing fee 
thresholds) and the percentage increase, if any, in the Consumer Price 
Index, as determined by the Department of Labor or its successor, for 
the year then ended over the level so established for the year ending 
September 30, 2022 (for the fee amounts).
    Any reference to the fee thresholds and related values in the HSR 
rules (16 CFR parts 801 through 803) and the HSR Form and its 
Instructions will also be adjusted, where indicated by the term ``(as 
adjusted)'', as follows:

----------------------------------------------------------------------------------------------------------------
                                           Original applicable size    2024 Adjusted   2024 Adjusted applicable
           Original filing fee                 of transaction *         filing fee       size of transaction *
----------------------------------------------------------------------------------------------------------------
$30,000.................................  less than $161.5 million..         $30,000  less than $173.3 million.
100,000.................................  not less than $161.5               105,000  not less than $173.3
                                           million but less than                       million but less than
                                           $500 million.                               $536.5 million.
250,000.................................  not less than $500 million         260,000  not less than $536.5
                                           but less than $1 billion.                   million but less than
                                                                                       $1.073 billion.
400,000.................................  not less than $1 billion           415,000  not less than $1.073
                                           but less than $2 billion.                   billion but less than
                                                                                       $2.146 billion.
800,000.................................  not less than $2 billion           830,000  not less than $2.146
                                           but less than $5 billion.                   billion but less than
                                                                                       $5.365 billion.
2,250,000...............................  $5 billion or more........       2,335,000  $5.365 billion or more.
----------------------------------------------------------------------------------------------------------------
* As determined under Section 7A(a)(2) of the Act.


    By direction of the Commission.
Joel Christie,
Acting Secretary.
[FR Doc. 2024-02227 Filed 2-2-24; 8:45 am]
BILLING CODE 6750-01-P
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