Notice2025-01513
Revised Jurisdictional Thresholds for Section 8 of the Clayton Act
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 22, 2025
Issuing agencies
Federal Trade Commission
Abstract
The Federal Trade Commission announces the revised thresholds for interlocking directorates required by the 1990 amendment of section 8 of the Clayton Act.
Full Text
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<title>Federal Register, Volume 90 Issue 13 (Wednesday, January 22, 2025)</title>
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[Federal Register Volume 90, Number 13 (Wednesday, January 22, 2025)]
[Notices]
[Page 7697]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-01513]
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FEDERAL TRADE COMMISSION
Revised Jurisdictional Thresholds for Section 8 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 interlocking directorates required by the 1990 amendment of section
8 of the Clayton Act.
DATES: January 22, 2025.
FOR FURTHER INFORMATION CONTACT: Christopher M. Grengs (202-326-2612),
Bureau of Competition, Office of Policy and Coordination.
SUPPLEMENTARY INFORMATION: 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 $51,380,000 for section 8(a)(1), and $5,138,000
for section 8(a)(2)(A).
Authority: 15 U.S.C. 19(a)(5).
April J. Tabor,
Secretary.
[FR Doc. 2025-01513 Filed 1-21-25; 8:45 am]
BILLING CODE 6750-01-P
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