[Federal Register Volume 70, Number 44 (Tuesday, March 8, 2005)]
[Notices]
[Page 11526]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-4301]



  Federal Register / Vol. 70, No. 44 / Tuesday, March 8, 2005 / 
Notices  

[[Page 11526]]


-----------------------------------------------------------------------

FEDERAL TRADE COMMISSION


Premerger Notification; Reporting and Waiting Period Requirements

AGENCY: Federal Trade Commission.

ACTION: Issuance of Formal Interpretation 18 repealing Formal 
Interpretation 15.

-----------------------------------------------------------------------

SUMMARY: The Premerger Notification Office of the Federal Trade 
Commission, with the concurrence of the Assistant Attorney General in 
charge of the Antitrust Division of the Department, is issuing this 
Formal Interpretation of the Hart-Scott-Rodino Act to repeal Formal 
Interpretation 15, which governs the reportability of certain 
transactions involving the formation of a Limited Liability Company 
(``LLC''). All transactions involving LLCs will be governed by 16 CFR 
parts 801, 802 and 803 beginning on the effective date of this notice.

DATES: This Formal Interpretation is effective April 6, 2005.

FOR FURTHER INFORMATION CONTACT: Marian R. Bruno, Assistant Director; 
Karen E. Berg, Attorney; Malcolm L. Catt, Attorney; B. Michael Verne, 
Compliance Specialist; or Nancy M. Ovuka, Compliance Specialist: 
Premerger Notification Office, Bureau of Competition, Room 303, Federal 
Trade Commission, Washington, DC 20580. Telephone: (202) 326-3100.

SUPPLEMENTARY INFORMATION: The text of Formal Interpretation 18 is set 
out below:

Formal Interpretation Pursuant to Sec.  803.30 of the Premerger 
Notification Rules, 16 CFR 803.30, Concerning Premerger Notification: 
Reporting and Waiting Period Requirements for Limited Liability 
Companies Under the Hart-Scott-Rodino Antitrust Improvements Act of 
1976.

    1. This formal interpretation of the Premerger Notification Rules 
concerning limited liability companies is issued by the Federal Trade 
Commission pursuant to 16 CFR 803.30. It supersedes a formal 
interpretation issued by the staff of the Federal Trade Commission on 
February 5, 1999.\1\
---------------------------------------------------------------------------

    \1\ Formal Interpretation 15-64 FR @ 5808 (February 5, 1999).
---------------------------------------------------------------------------

    2. The formal interpretation issued on February 5, 1999 will no 
longer be used to analyze the reportability of transactions involving 
limited liability companies. Such transactions will now be analyzed 
under Parts 801-803 of the Premerger Notification Rules in the same 
manner as any other unincorporated entities.
    The Assistant Attorney General in charge of the Antitrust Division 
of the Department of Justice concurs in this interpretation.

    By direction of the Commission.
Donald S. Clark,
Secretary.
[FR Doc. 05-4301 Filed 3-7-05; 8:45 am]
BILLING CODE 6750-01-P