[Federal Register Volume 85, Number 18 (Tuesday, January 28, 2020)]
[Notices]
[Pages 4984-4985]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-01423]


=======================================================================
-----------------------------------------------------------------------

FEDERAL TRADE COMMISSION


Revised Jurisdictional Thresholds for Section 7A of the Clayton 
Act

AGENCY: Federal Trade Commission.

ACTION: Notice.

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

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.

DATES: February 27, 2020.

FOR FURTHER INFORMATION CONTACT: Nora Whitehead (202-326-3100), Federal 
Trade Commission, Bureau of Competition, Premerger Notification Office, 
400 7th Street SW, Room 5301, Washington, DC 20024.

SUPPLEMENTARY INFORMATION: 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). Note that while the filing fee 
thresholds are revised annually, the actual filing fees are not 
similarly indexed and, as a result, have not been adjusted for 
inflation in over a decade. The new thresholds, which take effect 30 
days after publication in the Federal Register, are as follows:

[[Page 4985]]



------------------------------------------------------------------------
                                         Original           Adjusted
         Subsection of 7A               threshold          threshold
                                        (million)          (million)
------------------------------------------------------------------------
7A(a)(2)(A).......................               $200               $376
7A(a)(2)(B)(i)....................                 50                 94
7A(a)(2)(B)(i)....................                200                376
7A(a)(2)(B)(ii)(i)................                 10               18.8
7A(a)(2)(B)(ii)(i)................                100                188
7A(a)(2)(B)(ii)(II)...............                 10               18.8
7A(a)(2)(B)(ii)(II)...............                100                188
7A(a)(2)(B)(ii)(III)..............                100                188
7A(a)(2)(B)(ii)(III)..............                 10               18.8
Section 7A note: Assessment and                   100                188
 Collection of Filing Fees \1\
 (3)(b)(1)........................
Section 7A note: Assessment and                   100                188
 Collection of Filing Fees
 (3)(b)(2)........................
Section 7A note: Assessment and                   500              940.1
 Collection of Filing Fees
 (3)(b)(2)........................
Section 7A note: Assessment and                   500              940.1
 Collection of Filing Fees
 (3)(b)(3)........................
------------------------------------------------------------------------
\1\ Public Law 106-553, Sec. 630(b) amended Sec. 18a note.

    Any reference to these thresholds and related thresholds and 
limitation values in the HSR rules (16 CFR parts 801-803) 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:

------------------------------------------------------------------------
                                                            Adjusted
                  Original threshold                       threshold
                                                           (million)
------------------------------------------------------------------------
$10 million..........................................              $18.8
$50 million..........................................                 94
$100 million.........................................                188
$110 million.........................................              206.8
$200 million.........................................                376
$500 million.........................................              940.1
$1 billion...........................................            1,880.2
------------------------------------------------------------------------


    By direction of the Commission.
April J. Tabor,
Acting Secretary.
[FR Doc. 2020-01423 Filed 1-27-20; 8:45 am]
 BILLING CODE 6750-01-P