[Federal Register Volume 63, Number 231 (Wednesday, December 2, 1998)]
[Notices]
[Page 66546]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-32078]
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FEDERAL TRADE COMMISSION
Premerger Notification: Reporting and Waiting Period Requirements
AGENCY: Federal Trade Commission.
ACTION: Notice of postponement of the effective date of Formal
Interpretation 15.
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SUMMARY: On October 13, 1998, the Premerger Notification Office
(``PNO'') of the Federal Trade Commission (``FTC''), with the
concurrence of the Assistant Attorney General in charge of the
Antitrust Division of the Department of Justice (``DOJ''), published a
notice of the adoption of a Formal Interpretation of the Hart-Scott-
Rodino Act, which requires certain persons planning certain mergers,
consolidations, or other acquisitions to report information about the
proposed transactions to the FTC and DOJ. 63 FR 54713 (October 13,
1998). The Interpretation concerns the reportability of certain
transactions involving a Limited Liability Company (``LLC''). Under the
Interpretation, the formation of an LLC would be reportable if it would
unite two or more pre-existing businesses under common control.
This Formal Interpretation was to have become effective on December
14, 1998, after a thirty day comment period. The PNO has postponed the
effective date of this Formal Interpretation until February 1, 1999, in
order to review and analyze the comments received.
FOR FURTHER INFORMATION CONTACT:
Joseph G. Krauss, Assistant Director for the Premerger Notification
Office, Bureau of Competition, Room 301, Federal Trade Commission,
Washington, DC 20580. Telephone: (202) 326-2713. Thomas F. Hancock,
Attorney, Premerger Notification Office, Bureau of Competition, Room
301, Federal Trade Commission, Washington, DC 20580. Telephone: (202)
326-2946.
Donald S. Clark,
Secretary.
[FR Doc. 98-32078 Filed 12-1-98; 8:45 am]
BILLING CODE 6750-01-M
