83_FR_4069 83 FR 4050 - Revised Jurisdictional Thresholds for Section 7A of the Clayton Act

83 FR 4050 - Revised Jurisdictional Thresholds for Section 7A of the Clayton Act

FEDERAL TRADE COMMISSION

Federal Register Volume 83, Issue 19 (January 29, 2018)

Page Range4050-4051
FR Document2018-01579

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 83 Issue 19 (Monday, January 29, 2018)
[Federal Register Volume 83, Number 19 (Monday, January 29, 2018)]
[Notices]
[Pages 4050-4051]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-01579]


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

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: February 28, 2018.

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          $337.6
7A(a)(2)(B)(i)..........................              50            84.4
7A(a)(2)(B)(i)..........................             200           337.6
7A(a)(2)(B)(ii)(i)......................              10            16.9
7A(a)(2)(B)(ii)(i)......................             100           168.8
7A(a)(2)(B)(ii)(II).....................              10            16.9
7A(a)(2)(B)(ii)(II).....................             100           168.8
7A(a)(2)(B)(ii)(III)....................             100           168.8
7A(a)(2)(B)(ii)(III)....................              10            16.9
Section 7A note: Assessment and                      100           168.8
 Collection of Filing Fee \1\ (3)(b)(1).
Section 7A note: Assessment and                      100           168.8
 Collection of Filing Fees (3)(b)(2)....
Section 7A note: Assessment and                      500           843.9
 Collection of Filing Fees (3)(b)(2)....
Section 7A note: Assessment and                      500           843.9
 Collection of Filing Fees (3)(b)(3)....
------------------------------------------------------------------------
\1\ Public Law 106-553, Sec. 630(b) amended Sec. 18a note.


[[Page 4051]]

    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:

------------------------------------------------------------------------
                                                             Adjusted
                   Original threshold                        threshold
                                                             (million)
------------------------------------------------------------------------
$10 million.............................................           $16.9
$50 million.............................................            84.4
$100 million............................................           168.8
$110 million............................................           185.7
$200 million............................................           337.6
$500 million............................................           843.9
$1 billion..............................................         1,687.8
------------------------------------------------------------------------


    By direction of the Commission.
Donald S. Clark,
Secretary.
[FR Doc. 2018-01579 Filed 1-26-18; 8:45 am]
 BILLING CODE 6750-01-P



                                                4050                                     Federal Register / Vol. 83, No. 19 / Monday, January 29, 2018 / Notices

                                                a clear and conspicuous qualification                                          Part V prohibits respondents from                                        FEDERAL TRADE COMMISSION
                                                appears immediately adjacent to the                                         providing third parties with the means
                                                representation that accurately conveys                                      and instrumentalities to make the                                           Revised Jurisdictional Thresholds for
                                                the extent to which the product contains                                    claims prohibited in Parts I, III, or IV.                                   Section 7A of the Clayton Act
                                                foreign parts, ingredients or                                                  Parts VI through IX are reporting and                                    AGENCY:       Federal Trade Commission.
                                                components, and/or processing.                                              compliance provisions. Part VI requires                                     ACTION:       Notice.
                                                   Part II prohibits respondents from                                       respondents to acknowledge receipt of
                                                making any representation about any                                         the order, to provide a copy of the order                                   SUMMARY:    The Federal Trade
                                                user or endorser of any product,                                            to certain current and future principals,                                   Commission announces the revised
                                                package, certification, service, practice,                                  officers, directors, and employees, and                                     thresholds for the Hart-Scott-Rodino
                                                or program, unless respondents disclose                                     to obtain an acknowledgement from                                           Antitrust Improvements Act of 1976
                                                clearly and conspicuously any material                                      each such person that they have                                             required by the 2000 amendment of
                                                connection between a user or endorser                                       received a copy of the order. Part VII                                      Section 7A of the Clayton Act.
                                                and (1) respondents or (2) any other                                        requires the filing of compliance reports                                   DATES: February 28, 2018.
                                                individual or entity affiliated with the                                    within one year after the order becomes                                     FOR FURTHER INFORMATION CONTACT:
                                                product or service.                                                                                                                                     Robert Jones, Federal Trade
                                                                                                                            final and within 14 days of any change
                                                   Part III prohibits respondents from                                      that would affect compliance with the                                       Commission, Bureau of Competition,
                                                representing, expressly or by                                               order. Part VIII requires respondents to                                    Premerger Notification Office, 400 7th
                                                implication, that a product or service                                      maintain certain records, including                                         Street SW, Room #5301, Washington,
                                                meets respondents’ certification                                            records necessary to demonstrate                                            DC 20024, Phone (202) 326–3100.
                                                standard, unless: (1) An entity with no                                     compliance with the order. Part IX                                          SUPPLEMENTARY INFORMATION: Section
                                                material connection to that covered                                         requires respondents to submit                                              7A of the Clayton Act, 15 U.S.C. 18a, as
                                                entity conducted an independent and                                         additional compliance reports when                                          added by the Hart-Scott-Rodino
                                                objective evaluation to confirm that the                                                                                                                Antitrust Improvements Act of 1976,
                                                                                                                            requested by the Commission and to
                                                certification standard was met; or (2)                                                                                                                  Public Law 94–435, 90 Stat. 1390 (‘‘the
                                                                                                                            permit the Commission or its
                                                respondents’ certification and marketing                                                                                                                Act’’), requires all persons
                                                materials disclose clearly and                                              representatives to interview
                                                                                                                            respondents’ personnel.                                                     contemplating certain mergers or
                                                conspicuously that the certification                                                                                                                    acquisitions, which meet or exceed the
                                                standard may be met through self-                                              Finally, Part X is a ‘‘sunset’’                                          jurisdictional thresholds in the Act, to
                                                certification.                                                              provision, terminating the order after                                      file notification with the Commission
                                                   Part IV prohibits respondents from                                       twenty (20) years, with certain                                             and the Assistant Attorney General and
                                                making any country-of-origin claim                                          exceptions.                                                                 to wait a designated period of time
                                                about a product or service unless the                                          The purpose of this analysis is to aid                                   before consummating such transactions.
                                                claim is true, not misleading, and                                          public comment on the proposed order.                                       Section 7A(a)(2) requires the Federal
                                                respondents have a reasonable basis                                         It is not intended to constitute an                                         Trade Commission to revise those
                                                substantiating the representation. In the                                   official interpretation of the proposed                                     thresholds annually, based on the
                                                alternative, for country-of-origin                                          order or to modify its terms in any way.                                    change in gross national product, in
                                                representations made through AMM                                                                                                                        accordance with Section 8(a)(5). Note
                                                                                                                              By direction of the Commission.
                                                marketing materials, respondents may                                                                                                                    that while the filing fee thresholds are
                                                make such claims if (1) they neither                                        Donald S. Clark,                                                            revised annually, the actual filing fees
                                                know or have reason to know that the                                        Secretary.                                                                  are not similarly indexed and, as a
                                                self-certification is misleading, and (2)                                   [FR Doc. 2018–01546 Filed 1–26–18; 8:45 am]                                 result, have not been adjusted for
                                                disclose clearly and prominently that                                       BILLING CODE 6750–01–P                                                      inflation in over a decade. The new
                                                products or services meet the                                                                                                                           thresholds, which take effect 30 days
                                                certification standard through self-                                                                                                                    after publication in the Federal
                                                certification.                                                                                                                                          Register, are as follows:

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

                                                7A(a)(2)(A) ...............................................................................................................................................................          $200        $337.6
                                                7A(a)(2)(B)(i) ............................................................................................................................................................            50          84.4
                                                7A(a)(2)(B)(i) ............................................................................................................................................................           200         337.6
                                                7A(a)(2)(B)(ii)(i) ........................................................................................................................................................            10          16.9
                                                7A(a)(2)(B)(ii)(i) ........................................................................................................................................................           100         168.8
                                                7A(a)(2)(B)(ii)(II) .......................................................................................................................................................            10          16.9
                                                7A(a)(2)(B)(ii)(II) .......................................................................................................................................................           100         168.8
                                                7A(a)(2)(B)(ii)(III) ......................................................................................................................................................           100         168.8
                                                7A(a)(2)(B)(ii)(III) ......................................................................................................................................................            10          16.9
                                                Section 7A note: Assessment and Collection of Filing Fee 1 (3)(b)(1) ...................................................................                                              100         168.8
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                                                Section 7A note: Assessment and Collection of Filing Fees (3)(b)(2) ....................................................................                                              100         168.8
                                                Section 7A note: Assessment and Collection of Filing Fees (3)(b)(2) ....................................................................                                              500         843.9
                                                Section 7A note: Assessment and Collection of Filing Fees (3)(b)(3) ....................................................................                                              500         843.9
                                                   1 Public    Law 106–553, Sec. 630(b) amended Sec. 18a note.




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                                                                                      Federal Register / Vol. 83, No. 19 / Monday, January 29, 2018 / Notices                                            4051

                                                   Any reference to these thresholds and                       Office of the Secretary, 600                           Pennsylvania Avenue NW, Suite CC–
                                                related thresholds and limitation values                       Pennsylvania Avenue NW, Suite CC–                      5610 (Annex D), Washington, DC 20580,
                                                in the HSR rules (16 CFR parts 801–803)                        5610 (Annex D), Washington, DC 20580,                  or deliver your comment to the
                                                and the Antitrust Improvements Act                             or deliver your comment to the                         following address: Federal Trade
                                                Notification and Report Form (‘‘the HSR                        following address: Federal Trade                       Commission, Office of the Secretary,
                                                Form’’) and its Instructions will also be                      Commission, Office of the Secretary,                   Constitution Center, 400 7th Street SW,
                                                adjusted, where indicated by the term                          Constitution Center, 400 7th Street SW,                5th Floor, Suite 5610 (Annex D),
                                                ‘‘(as adjusted)’’, as follows:                                 5th Floor, Suite 5610 (Annex D),                       Washington, DC 20024. If possible,
                                                                                                               Washington, DC 20024.                                  submit your paper comment to the
                                                                                               Adjusted        FOR FURTHER INFORMATION CONTACT: Eric                  Commission by courier or overnight
                                                        Original threshold                     threshold                                                              service.
                                                                                                (million)      Olson (202–326–2349), Bureau of
                                                                                                               Competition, 600 Pennsylvania Avenue                      Because your comment will be placed
                                                $10 million ............................              $16.9    NW, Washington, DC 20580.                              on the publicly accessible FTC website
                                                $50 million ............................               84.4    SUPPLEMENTARY INFORMATION: Pursuant                    at https://www.ftc.gov, you are solely
                                                $100 million ..........................               168.8    to Section 6(f) of the Federal Trade                   responsible for making sure that your
                                                $110 million ..........................               185.7    Commission Act, 15 U.S.C. 46(f), and                   comment does not include any sensitive
                                                $200 million ..........................               337.6                                                           or confidential information. In
                                                $500 million ..........................               843.9
                                                                                                               FTC Rule 2.34, 16 CFR 2.34, notice is
                                                                                                               hereby given that the above-captioned                  particular, your comment should not
                                                $1 billion ...............................          1,687.8
                                                                                                               consent agreement containing a consent                 include any sensitive personal
                                                                                                               order to cease and desist, having been                 information, such as your or anyone
                                                  By direction of the Commission.                                                                                     else’s Social Security number; date of
                                                                                                               filed with and accepted, subject to final
                                                Donald S. Clark,                                               approval, by the Commission, has been                  birth; driver’s license number or other
                                                Secretary.                                                     placed on the public record for a period               state identification number, or foreign
                                                [FR Doc. 2018–01579 Filed 1–26–18; 8:45 am]                    of thirty (30) days. The following                     country equivalent; passport number;
                                                BILLING CODE 6750–01–P                                         Analysis to Aid Public Comment                         financial account number; or credit or
                                                                                                               describes the terms of the consent                     debit card number. You are also solely
                                                                                                               agreement, and the allegations in the                  responsible for making sure that your
                                                FEDERAL TRADE COMMISSION                                       complaint. An electronic copy of the                   comment does not include any sensitive
                                                                                                               full text of the consent agreement                     health information, such as medical
                                                [File No. 171 0126]
                                                                                                               package can be obtained from the FTC                   records or other individually
                                                Seven & iHoldings Co., Ltd., a                                 Home Page (for January 19, 2018), on                   identifiable health information. In
                                                Corporation; 7-Eleven, Inc., a                                 the World Wide Web, at https://                        addition, your comment should not
                                                Corporation; and Sunoco LP, a Limited                          www.ftc.gov/news-events/commission-                    include any ‘‘trade secret or any
                                                Partnership; Analysis To Aid Public                            actions.                                               commercial or financial information
                                                Comment                                                           You can file a comment online or on                 which . . . is privileged or
                                                                                                               paper. For the Commission to consider                  confidential’’—as provided by Section
                                                AGENCY:       Federal Trade Commission.                        your comment, we must receive it on or                 6(f) of the FTC Act, 15 U.S.C. 46(f), and
                                                ACTION:      Proposed Consent Agreement.                       before February 20, 2018. Write ‘‘In the               FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2)—
                                                                                                               Matter of Seven & iHoldings Co., Ltd.                  including in particular competitively
                                                SUMMARY:   The consent agreement in this                                                                              sensitive information such as costs,
                                                                                                               File No. 1710126’’ on your comment.
                                                matter settles alleged violations of                                                                                  sales statistics, inventories, formulas,
                                                                                                               Your comment—including your name
                                                federal law prohibiting unfair methods                                                                                patterns, devices, manufacturing
                                                                                                               and your state—will be placed on the
                                                of competition. The attached Analysis to                                                                              processes, or customer names.
                                                                                                               public record of this proceeding,
                                                Aid Public Comment describes both the                                                                                    Comments containing material for
                                                                                                               including, to the extent practicable, on
                                                allegations in the complaint and the                                                                                  which confidential treatment is
                                                                                                               the public Commission website, at
                                                terms of the consent orders—embodied                                                                                  requested must be filed in paper form,
                                                                                                               https://www.ftc.gov/policy/public-
                                                in the consent agreement—that would                                                                                   must be clearly labeled ‘‘Confidential,’’
                                                                                                               comments.
                                                settle these allegations.                                         Postal mail addressed to the                        and must comply with FTC Rule 4.9(c).
                                                DATES: Comments must be received on                            Commission is subject to delay due to                  In particular, the written request for
                                                or before February 20, 2018.                                   heightened security screening. As a                    confidential treatment that accompanies
                                                ADDRESSES: Interested parties may file a                       result, we encourage you to submit your                the comment must include the factual
                                                comment online or on paper, by                                 comments online. To make sure that the                 and legal basis for the request, and must
                                                following the instructions in the                              Commission considers your online                       identify the specific portions of the
                                                Request for Comment part of the                                comment, you must file it at https://                  comment to be withheld from the public
                                                SUPPLEMENTARY INFORMATION section                              ftcpublic.commentworks.com/ftc/                        record. See FTC Rule 4.9(c). Your
                                                below. Write: ‘‘In the Matter of Seven &                       sevensunococonsent by following the                    comment will be kept confidential only
                                                iHoldings Co., Ltd. File No. 1710126’’                         instructions on the web-based form. If                 if the General Counsel grants your
                                                on your comment, and file your                                 this Notice appears at http://                         request in accordance with the law and
                                                comment online at https://                                     www.regulations.gov/#!home, you also                   the public interest. Once your comment
                                                ftcpublic.commentworks.com/ftc/                                may file a comment through that                        has been posted on the public FTC
                                                sevensunococonsent by following the                                                                                   website—as legally required by FTC
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                                                                                                               website.
                                                instructions on the web-based form. If                            If you prefer to file your comment on               Rule 4.9(b)—we cannot redact or
                                                you prefer to file your comment on                             paper, write ‘‘In the Matter of Seven &                remove your comment from the FTC
                                                paper, write ‘‘In the Matter of Seven &                        iHoldings Co., Ltd. File No. 1710126’’                 website, unless you submit a
                                                iHoldings Co., Ltd. File No. 1710126’’                         on your comment and on the envelope,                   confidentiality request that meets the
                                                on your comment and on the envelope,                           and mail your comment to the following                 requirements for such treatment under
                                                and mail your comment to the following                         address: Federal Trade Commission,                     FTC Rule 4.9(c), and the General
                                                address: Federal Trade Commission,                             Office of the Secretary, 600                           Counsel grants that request.


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Document Created: 2018-01-27 00:58:01
Document Modified: 2018-01-27 00:58:01
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.
DatesFebruary 28, 2018.
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 Citation83 FR 4050 

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