[Federal Register Volume 85, Number 13 (Tuesday, January 21, 2020)]
[Notices]
[Page 3381]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-00784]


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FEDERAL TRADE COMMISSION


Revised Jurisdictional Thresholds for Section 8 of the Clayton 
Act

AGENCY: Federal Trade Commission.

ACTION: Notice.

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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. 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 $38,204,000 for Section 8(a)(1), and $3,820,400 for 
Section 8(a)(2)(A).

DATES: January 21, 2020.

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)).

April J. Tabor,
Acting Secretary.
[FR Doc. 2020-00784 Filed 1-17-20; 8:45 am]
 BILLING CODE 6750-01-P