2019-03396. Revised Jurisdictional Thresholds for Section 8 of the Clayton Act  

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    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.

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    FOR 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 Signature

    April J. Tabor,

    Acting Secretary.

    End Signature End Further Info End Preamble

    [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