Federal Trade Commission January 21, 2015 – Federal Register Recent Federal Regulation Documents

Revised Jurisdictional Thresholds for Section 7a of the Clayton Act
Document Number: 2015-00933
Type: Notice
Date: 2015-01-21
Agency: Federal Trade Commission, Agencies and Commissions
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.
Revised Jurisdictional Thresholds for Section 8 of the Clayton Act
Document Number: 2015-00929
Type: Notice
Date: 2015-01-21
Agency: Federal Trade Commission, Agencies and Commissions
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 $31,084,000 for Section 8(a)(1), and $3,108,400 for Section 8(a)(2)(A).