Rule2023-02590
Premerger Notification; Reporting and Waiting Period Requirements
Primary source
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Published
February 8, 2023
Effective
February 27, 2023
Issuing agencies
Federal Trade Commission
Abstract
The Federal Trade Commission ("Commission") published a document in the Federal Register of January 30, 2023, concerning the Hart-Scott-Rodino ("HSR") Premerger Notification Rules ("Rules"). Pending publication, Commission staff learned the document did not include certain explanatory language pursuant to the Administrative Procedure Act. The Commission is issuing this correction to incorporate this language.
Full Text
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<title>Federal Register, Volume 88 Issue 26 (Wednesday, February 8, 2023)</title>
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[Federal Register Volume 88, Number 26 (Wednesday, February 8, 2023)]
[Rules and Regulations]
[Page 8224]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-02590]
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FEDERAL TRADE COMMISSION
16 CFR Parts 801 and 803
RIN 3084-AB46
Premerger Notification; Reporting and Waiting Period Requirements
AGENCY: Federal Trade Commission.
ACTION: Final rule; correction.
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SUMMARY: The Federal Trade Commission (``Commission'') published a
document in the Federal Register of January 30, 2023, concerning the
Hart-Scott-Rodino (``HSR'') Premerger Notification Rules (``Rules'').
Pending publication, Commission staff learned the document did not
include certain explanatory language pursuant to the Administrative
Procedure Act. The Commission is issuing this correction to incorporate
this language.
DATES: Effective February 27, 2023.
FOR FURTHER INFORMATION CONTACT: Robert Jones, Assistant Director,
Premerger Notification Office, Bureau of Competition, Federal Trade
Commission, 400 7th Street SW, Room CC-5301, Washington, DC 20024, or
by telephone at (202) 326-3100, Email: <a href="/cdn-cgi/l/email-protection#1d6f777273786e5d7b697e337a726b"><span class="__cf_email__" data-cfemail="0a786065646f794a6c7e69246d657c">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The Commission is correcting its regulations
published in the final rule ``Premerger Notification; Reporting and
Waiting Period Requirements'' on January 30, 2023.
In FR Rule Doc. No. 2023-01584, appearing on page 5748 in the
Federal Register issue of Monday, January 30, 2023, the following
correction is made:
1. In the SUPPLEMENTARY INFORMATION section, on page 5749, in the
third column, add the following language after the fourth paragraph of
section V. Administrative Procedure Act:
* * * * *
Separately, the Commission finds that there is good cause under 5
U.S.C. 553(d)(3) for this final rule to become effective on February
27, 2023. Section 553(d)(3) of the APA allows an effective date of less
than 30 days after publication ``as otherwise provided by the agency
for good cause found and published with the rule.'' 5 U.S.C. 553(d)(3).
The purpose of the 30-day waiting period prescribed in APA section
553(d)(3) is to give affected parties a reasonable time to adjust their
behavior and prepare before the final rule takes effect. This final
rule conforms with the new fee tiers and fees enacted by Congress on
December 29, 2022--more than 30 days ago. In addition, the public
interest is served by having the effective date of this final rule be
the same as the effective date announced in the notice of revised
jurisdictional thresholds published at 88 FR 5004, and thereby avoiding
confusion about the relevant effective date.
* * * * *
Dated: February 2, 2023.
April J. Tabor,
Secretary.
[FR Doc. 2023-02590 Filed 2-7-23; 8:45 am]
BILLING CODE 6750-01-P
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