[Federal Register Volume 89, Number 14 (Monday, January 22, 2024)]
[Notices]
[Page 3926]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-00929]


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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, 2024.

FOR FURTHER INFORMATION CONTACT: Christopher M. Grengs (202-326-2612), 
Bureau of Competition, Office of Policy and Coordination.

SUPPLEMENTARY INFORMATION: Section 8 of the Clayton Act 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 $48,559,000 for Section 8(a)(1), and $4,855,900 
for Section 8(a)(2)(A).
    Authority: 15 U.S.C. 19(a)(5).

April J. Tabor,
Secretary.
[FR Doc. 2024-00929 Filed 1-19-24; 8:45 am]
BILLING CODE 6750-01-P