81_FR_4316
Page Range | 4300-4300 | |
FR Document | 2016-01452 |
[Federal Register Volume 81, Number 16 (Tuesday, January 26, 2016)] [Notices] [Page 4300] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-01452] ----------------------------------------------------------------------- FEDERAL TRADE COMMISSION Revised Jurisdictional Thresholds for Section 8 of the Clayton Act AGENCY: Federal Trade Commission. ACTION: Notice. ----------------------------------------------------------------------- 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 $31,841,000 for Section 8(a)(1), and $3,184,100 for Section 8(a)(2)(A). DATES: Effective Date: January 26, 2016. 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. 2016-01452 Filed 1-25-16; 8:45 am] BILLING CODE 6750-01-P
Category | Regulatory Information | |
Collection | Federal Register | |
sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
Publisher | Office of the Federal Register, National Archives and Records Administration | |
Section | Notices | |
Action | Notice. | |
Dates | Effective Date: January 26, 2016. | |
Contact | James F. Mongoven, Bureau of Competition, Office of Policy and Coordination, (202) 326-2879. | |
FR Citation | 81 FR 4300 |