[Federal Register Volume 87, Number 15 (Monday, January 24, 2022)]
[Notices]
[Pages 3540-3541]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01215]


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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

[[Page 3541]]

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 
$41,034,000 for Section 8(a)(1), and $4,103,400 for Section 8(a)(2)(A).

DATES: January 24, 2022.

FOR FURTHER INFORMATION CONTACT: Christopher M. Grengs, (202-326-2612), 
Bureau of Competition, Office of Policy and Coordination.
    Authority: 15 U.S.C. 19(a)(5).

April J. Tabor,
Secretary.
[FR Doc. 2022-01215 Filed 1-21-22; 8:45 am]
BILLING CODE 6750-01-P