82_FR_8540 82 FR 8524 - Revised Jurisdictional Thresholds for Section 7A of the Clayton Act

82 FR 8524 - Revised Jurisdictional Thresholds for Section 7A of the Clayton Act

FEDERAL TRADE COMMISSION

Federal Register Volume 82, Issue 16 (January 26, 2017)

Page Range8524-8524
FR Document2017-01803

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.

Federal Register, Volume 82 Issue 16 (Thursday, January 26, 2017)
[Federal Register Volume 82, Number 16 (Thursday, January 26, 2017)]
[Notices]
[Page 8524]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-01803]


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

FEDERAL TRADE COMMISSION


Revised Jurisdictional Thresholds for Section 7A of the Clayton 
Act

AGENCY: Federal Trade Commission.

ACTION: Notice.

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

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.

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        Adjusted
            Subsection of 7A                 threshold       threshold
                                             (million)       (million)
------------------------------------------------------------------------
7A(a)(2)(A).............................            $200            $323
7A(a)(2)(B)(i)..........................              50            80.8
7A(a)(2)(B)(i)..........................             200             323
7A(a)(2)(B)(ii)(i)......................              10            16.2
7A(a)(2)(B)(ii)(i)......................             100           161.5
7A(a)(2)(B)(ii)(II).....................              10            16.2
7A(a)(2)(B)(ii)(II).....................             100           161.5
7A(a)(2)(B)(ii)(III)....................             100           161.5
7A(a)(2)(B)(ii)(III)....................              10            16.2
Section 7A note: Assessment and                      100           161.5
 Collection of Filing Fees \1\ (3)(b)(1)
Section 7A note: Assessment and                      100           161.5
 Collection of Filing Fees (3)(b)(2)....
Section 7A note: Assessment and                      500           807.5
 Collection of Filing Fees (3)(b)(2)....
Section 7A note: Assessment and                      500           807.5
 Collection of Filing Fees (3)(b)(3)....
------------------------------------------------------------------------
\1\ Public 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:

------------------------------------------------------------------------
         Original threshold              Adjusted threshold (million)
------------------------------------------------------------------------
             $10 million                                $16.2
              50 million                                 80.8
             100 million                                161.5
             110 million                                177.7
             200 million                                  323
             500 million                                807.5
               1 billion                                1,615
------------------------------------------------------------------------


    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



                                                  8524                                   Federal Register / Vol. 82, No. 16 / Thursday, January 26, 2017 / Notices

                                                  of the voting shares of First Advantage                                     two thresholds are met. Competitor                                          thresholds for the Hart-Scott-Rodino
                                                  Bancorp, Clarksville, Tennessee, and                                        corporations are covered by Section 8 if                                    Antitrust Improvements Act of 1976
                                                  thereby indirectly acquire shares of First                                  each one has capital, surplus, and                                          required by the 2000 amendment of
                                                  Advantage Bank, Clarksville, Tennessee.                                     undivided profits aggregating more than                                     Section 7A of the Clayton Act.
                                                    B. Federal Reserve Bank of Dallas                                         $10,000,000, with the exception that no                                     DATES: Effective date: February 27, 2017.
                                                  (Robert L. Triplett III, Senior Vice                                        corporation is covered if the competitive
                                                                                                                                                                                                          FOR FURTHER INFORMATION CONTACT:
                                                  President) 2200 North Pearl Street,                                         sales of either corporation are less than
                                                                                                                                                                                                          Robert Jones, Federal Trade
                                                  Dallas, Texas 75201–2272:                                                   $1,000,000. Section 8(a)(5) requires the
                                                    1. Captex Bancshares, Inc., Bryan,                                                                                                                    Commission, Bureau of Competition,
                                                                                                                              Federal Trade Commission to revise
                                                  Texas; to become a bank holding                                                                                                                         Premerger Notification Office, 400 7th
                                                                                                                              those thresholds annually, based on the
                                                  company by acquiring 100 percent of                                                                                                                     Street SW., Room #5301, Washington,
                                                                                                                              change in gross national product. The
                                                  Trenton Bankshares, Inc., and therefore                                                                                                                 DC 20024, Phone (202) 326–3100.
                                                                                                                              new thresholds, which take effect
                                                  indirectly acquire First National Bank of                                   immediately, are $32,914,000 for                                            SUPPLEMENTARY INFORMATION: Section
                                                  Trenton, both of Trenton, Texas.                                            Section 8(a)(1), and $3,291,400 for                                         7A of the Clayton Act, 15 U.S.C. 18a, as
                                                                                                                              Section 8(a)(2)(A).                                                         added by the Hart-Scott-Rodino
                                                    Board of Governors of the Federal Reserve
                                                  System, January 23, 2017.                                                                                                                               Antitrust Improvements Act of 1976,
                                                                                                                              DATES: Effective Date: January 26, 2017.
                                                                                                                                                                                                          Public Law 94–435, 90 Stat. 1390 (‘‘the
                                                  Yao-Chin Chao,                                                              FOR FURTHER INFORMATION CONTACT:                                            Act’’), requires all persons
                                                  Assistant Secretary of the Board.                                           James F. Mongoven, Bureau of                                                contemplating certain mergers or
                                                  [FR Doc. 2017–01774 Filed 1–25–17; 8:45 am]                                 Competition, Office of Policy and                                           acquisitions, which meet or exceed the
                                                  BILLING CODE 6210–01–P                                                      Coordination, (202) 326–2879.                                               jurisdictional thresholds in the Act, to
                                                                                                                                 Authority: 15 U.S.C. 19(a)(5).                                           file notification with the Commission
                                                                                                                                                                                                          and the Assistant Attorney General and
                                                  FEDERAL TRADE COMMISSION                                                    Donald S. Clark,
                                                                                                                                                                                                          to wait a designated period of time
                                                                                                                              Secretary.                                                                  before consummating such transactions.
                                                  Revised Jurisdictional Thresholds for                                       [FR Doc. 2017–01802 Filed 1–25–17; 8:45 am]                                 Section 7A(a)(2) requires the Federal
                                                  Section 8 of the Clayton Act                                                BILLING CODE 6750–01–P                                                      Trade Commission to revise those
                                                  AGENCY: Federal Trade Commission.                                                                                                                       thresholds annually, based on the
                                                  ACTION: Notice.                                                                                                                                         change in gross national product, in
                                                                                                                              FEDERAL TRADE COMMISSION                                                    accordance with Section 8(a)(5). Note
                                                  SUMMARY:    The Federal Trade                                                                                                                           that while the filing fee thresholds are
                                                                                                                              Revised Jurisdictional Thresholds for
                                                  Commission announces the revised                                                                                                                        revised annually, the actual filing fees
                                                                                                                              Section 7A of the Clayton Act
                                                  thresholds for interlocking directorates                                                                                                                are not similarly indexed and, as a
                                                  required by the 1990 amendment of                                           AGENCY:       Federal Trade Commission.                                     result, have not been adjusted for
                                                  Section 8 of the Clayton Act. Section 8                                     ACTION:       Notice.                                                       inflation in over a decade. The new
                                                  prohibits, with certain exceptions, one                                                                                                                 thresholds, which take effect 30 days
                                                  person from serving as a director or                                        SUMMARY:The Federal Trade                                                   after publication in the Federal
                                                  officer of two competing corporations if                                    Commission announces the revised                                            Register, are as follows:

                                                                                                                                                                                                                                 Original     Adjusted
                                                                                                                          Subsection of 7A                                                                                      threshold     threshold
                                                                                                                                                                                                                                 (million)     (million)

                                                  7A(a)(2)(A) ...............................................................................................................................................................          $200             $323
                                                  7A(a)(2)(B)(i) ............................................................................................................................................................            50              80.8
                                                  7A(a)(2)(B)(i) ............................................................................................................................................................           200               323
                                                  7A(a)(2)(B)(ii)(i) ........................................................................................................................................................            10              16.2
                                                  7A(a)(2)(B)(ii)(i) ........................................................................................................................................................           100             161.5
                                                  7A(a)(2)(B)(ii)(II) .......................................................................................................................................................            10              16.2
                                                  7A(a)(2)(B)(ii)(II) .......................................................................................................................................................           100             161.5
                                                  7A(a)(2)(B)(ii)(III) ......................................................................................................................................................           100             161.5
                                                  7A(a)(2)(B)(ii)(III) ......................................................................................................................................................            10              16.2
                                                  Section 7A note: Assessment and Collection of Filing Fees 1 (3)(b)(1) .................................................................                                               100             161.5
                                                  Section 7A note: Assessment and Collection of Filing Fees (3)(b)(2) ....................................................................                                              100             161.5
                                                  Section 7A note: Assessment and Collection of Filing Fees (3)(b)(2) ....................................................................                                              500             807.5
                                                  Section 7A note: Assessment and Collection of Filing Fees (3)(b)(3) ....................................................................                                              500             807.5
                                                     1 Public    Law 106–553, Sec. 630(b) amended Sec. 18a note.


                                                     Any reference to these thresholds and                                                                                    Adjusted                      By direction of the Commission.
                                                                                                                                         Original
                                                  related thresholds and limitation values                                              threshold                             threshold                   Donald S. Clark,
                                                  in the HSR rules (16 CFR parts 801–803)                                                                                      (million)
                                                                                                                                                                                                          Secretary.
                                                  and the Antitrust Improvements Act
jstallworth on DSK7TPTVN1PROD with NOTICES




                                                                                                                                       $10 million                              $16.2                     [FR Doc. 2017–01803 Filed 1–25–17; 8:45 am]
                                                  Notification and Report Form (‘‘the HSR                                              50 million                               80.8                      BILLING CODE 6750–01–P
                                                  Form’’) and its Instructions will also be                                            100 million                              161.5
                                                  adjusted, where indicated by the term                                                110 million                              177.7
                                                  ‘‘(as adjusted)’’, as follows:                                                       200 million                               323
                                                                                                                                       500 million                              807.5
                                                                                                                                        1 billion                               1,615




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Document Created: 2017-01-26 00:04:59
Document Modified: 2017-01-26 00:04:59
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesEffective date: February 27, 2017.
ContactRobert Jones, Federal Trade Commission, Bureau of Competition, Premerger Notification Office, 400 7th Street SW., Room #5301, Washington, DC 20024, Phone (202) 326-3100.
FR Citation82 FR 8524 

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