Notice2024-02227
Revised Jurisdictional Thresholds for Section 7A of the Clayton Act
Primary source
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Published
February 5, 2024
Issuing agencies
Federal Trade Commission
Abstract
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; and the revised filing fee schedule for the same Act required by division GG of the 2023 Consolidated Appropriations Act.
Full Text
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<title>Federal Register, Volume 89 Issue 24 (Monday, February 5, 2024)</title>
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[Federal Register Volume 89, Number 24 (Monday, February 5, 2024)]
[Notices]
[Pages 7708-7709]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-02227]
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FEDERAL TRADE COMMISSION
Revised Jurisdictional Thresholds for Section 7A of the Clayton
Act
AGENCY: Federal Trade Commission.
ACTION: Annual notice of revision.
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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; and the revised
filing fee schedule for the same Act required by division GG of the
2023 Consolidated Appropriations Act.
DATES: March 6, 2024.
FOR FURTHER INFORMATION CONTACT: Nora Whitehead (202-326-3100), Bureau
of Competition, Premerger Notification Office, 400 7th Street SW, Room
5301, Washington, DC 20024.
SUPPLEMENTARY INFORMATION: This document announces updates to (1) the
thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of
1976, as required by the 2000 amendment of section 7A of the Clayton
Act; and (2) the filing fee schedule for the same Act, as required by
division GG of the 2023 Consolidated Appropriations Act. Both updates
are discussed in more detail below.
(1) The Jurisdictional Thresholds
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).
The new jurisdictional thresholds, which take effect 30 days after
publication in the Federal Register, are as follows:
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Original jurisdictional Adjusted jurisdictional
Subsection of 7A threshold (million) threshold (million)
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7A(a)(2)(A)........................................... $200 $478
7A(a)(2)(B)(i)........................................ 50 119.5
7A(a)(2)(B)(i)........................................ 200 478
7A(a)(2)(B)(ii)(i).................................... 10 23.9
7A(a)(2)(B)(ii)(i).................................... 100 239
7A(a)(2)(B)(ii)(II)................................... 10 23.9
7A(a)(2)(B)(ii)(II)................................... 100 239
7A(a)(2)(B)(ii)(III).................................. 100 239
7A(a)(2)(B)(ii)(III).................................. 10 23.9
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Any reference to the jurisdictional thresholds and related
thresholds and limitation values in the HSR rules (16 CFR parts 801
through 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:
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Original threshold Adjusted threshold
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$10 million................................................ $23.9 million.
$50 million................................................ $119.5 million.
$100 million............................................... $239 million.
$110 million............................................... $262.9 million.
$200 million............................................... $478 million.
$500 million............................................... $1.195 billion.
$1 billion................................................. $2.39 billion.
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(2) The Filing Fee Thresholds
Section 605 of Public Law 101-162 (15 U.S.C. 18a note) requires the
Federal Trade Commission to assess and collect filing fees from persons
acquiring voting securities or assets under the Act. The current filing
fee thresholds are set forth in Section 605. Division GG of the 2023
Consolidated Appropriations Act,
[[Page 7709]]
Public Law 117-328, 136 Stat. 4459, requires the Federal Trade
Commission to revise these filing fee thresholds and amounts based on
the percentage change in the GNP for such fiscal year compared to the
GNP for the year ending September 30, 2022 (for the filing fee
thresholds) and the percentage increase, if any, in the Consumer Price
Index, as determined by the Department of Labor or its successor, for
the year then ended over the level so established for the year ending
September 30, 2022 (for the fee amounts).
Any reference to the fee thresholds and related values in the HSR
rules (16 CFR parts 801 through 803) and the HSR Form and its
Instructions will also be adjusted, where indicated by the term ``(as
adjusted)'', as follows:
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Original applicable size 2024 Adjusted 2024 Adjusted applicable
Original filing fee of transaction * filing fee size of transaction *
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$30,000................................. less than $161.5 million.. $30,000 less than $173.3 million.
100,000................................. not less than $161.5 105,000 not less than $173.3
million but less than million but less than
$500 million. $536.5 million.
250,000................................. not less than $500 million 260,000 not less than $536.5
but less than $1 billion. million but less than
$1.073 billion.
400,000................................. not less than $1 billion 415,000 not less than $1.073
but less than $2 billion. billion but less than
$2.146 billion.
800,000................................. not less than $2 billion 830,000 not less than $2.146
but less than $5 billion. billion but less than
$5.365 billion.
2,250,000............................... $5 billion or more........ 2,335,000 $5.365 billion or more.
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* As determined under Section 7A(a)(2) of the Act.
By direction of the Commission.
Joel Christie,
Acting Secretary.
[FR Doc. 2024-02227 Filed 2-2-24; 8:45 am]
BILLING CODE 6750-01-P
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