-
Start Preamble
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 $36,564,000 for Section 8(a)(1), and $3,656,400 for Section 8(a)(2)(A).
DATES:
March 4, 2019.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
James F. Mongoven (202-326-2879), Bureau of Competition, Office of Policy and Coordination.
(Authority: 15 U.S.C. § 19(a)(5))
Start SignatureApril J. Tabor,
Acting Secretary.
[FR Doc. 2019-03396 Filed 3-1-19; 8:45 am]
BILLING CODE 6750-01-P
Document Information
- Published:
- 03/04/2019
- Department:
- Federal Trade Commission
- Entry Type:
- Notice
- Action:
- Notice.
- Document Number:
- 2019-03396
- Dates:
- March 4, 2019.
- Pages:
- 7369-7369 (1 pages)
- PDF File:
- 2019-03396.Pdf