[Federal Register Volume 89, Number 24 (Monday, February 5, 2024)]
[Notices]
[Pages 7708-7709]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-02227]


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FEDERAL TRADE COMMISSION


Revised Jurisdictional Thresholds for Section 7A 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 the Hart-Scott-Rodino Antitrust Improvements Act of 1976 required 
by the 2000 amendment of section 7A of the Clayton Act; and the revised 
filing fee schedule for the same Act required by division GG of the 
2023 Consolidated Appropriations Act.

DATES: March 6, 2024.

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

SUPPLEMENTARY INFORMATION: This document announces updates to (1) the 
thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 
1976, as required by the 2000 amendment of section 7A of the Clayton 
Act; and (2) the filing fee schedule for the same Act, as required by 
division GG of the 2023 Consolidated Appropriations Act. Both updates 
are discussed in more detail below.

(1) The Jurisdictional Thresholds

    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).
    The new jurisdictional thresholds, which take effect 30 days after 
publication in the Federal Register, are as follows:

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                                                          Original jurisdictional      Adjusted jurisdictional
                   Subsection of 7A                         threshold (million)          threshold (million)
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7A(a)(2)(A)...........................................                         $200                         $478
7A(a)(2)(B)(i)........................................                           50                        119.5
7A(a)(2)(B)(i)........................................                          200                          478
7A(a)(2)(B)(ii)(i)....................................                           10                         23.9
7A(a)(2)(B)(ii)(i)....................................                          100                          239
7A(a)(2)(B)(ii)(II)...................................                           10                         23.9
7A(a)(2)(B)(ii)(II)...................................                          100                          239
7A(a)(2)(B)(ii)(III)..................................                          100                          239
7A(a)(2)(B)(ii)(III)..................................                           10                         23.9
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    Any reference to the jurisdictional thresholds and related 
thresholds and limitation values in the HSR rules (16 CFR parts 801 
through 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:

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                     Original threshold                                       Adjusted threshold
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$10 million................................................  $23.9 million.
$50 million................................................  $119.5 million.
$100 million...............................................  $239 million.
$110 million...............................................  $262.9 million.
$200 million...............................................  $478 million.
$500 million...............................................  $1.195 billion.
$1 billion.................................................  $2.39 billion.
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(2) The Filing Fee Thresholds

    Section 605 of Public Law 101-162 (15 U.S.C. 18a note) requires the 
Federal Trade Commission to assess and collect filing fees from persons 
acquiring voting securities or assets under the Act. The current filing 
fee thresholds are set forth in Section 605. Division GG of the 2023 
Consolidated Appropriations Act,

[[Page 7709]]

Public Law 117-328, 136 Stat. 4459, requires the Federal Trade 
Commission to revise these filing fee thresholds and amounts based on 
the percentage change in the GNP for such fiscal year compared to the 
GNP for the year ending September 30, 2022 (for the filing fee 
thresholds) and the percentage increase, if any, in the Consumer Price 
Index, as determined by the Department of Labor or its successor, for 
the year then ended over the level so established for the year ending 
September 30, 2022 (for the fee amounts).
    Any reference to the fee thresholds and related values in the HSR 
rules (16 CFR parts 801 through 803) and the HSR Form and its 
Instructions will also be adjusted, where indicated by the term ``(as 
adjusted)'', as follows:

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                                           Original applicable size    2024 Adjusted   2024 Adjusted applicable
           Original filing fee                 of transaction *         filing fee       size of transaction *
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$30,000.................................  less than $161.5 million..         $30,000  less than $173.3 million.
100,000.................................  not less than $161.5               105,000  not less than $173.3
                                           million but less than                       million but less than
                                           $500 million.                               $536.5 million.
250,000.................................  not less than $500 million         260,000  not less than $536.5
                                           but less than $1 billion.                   million but less than
                                                                                       $1.073 billion.
400,000.................................  not less than $1 billion           415,000  not less than $1.073
                                           but less than $2 billion.                   billion but less than
                                                                                       $2.146 billion.
800,000.................................  not less than $2 billion           830,000  not less than $2.146
                                           but less than $5 billion.                   billion but less than
                                                                                       $5.365 billion.
2,250,000...............................  $5 billion or more........       2,335,000  $5.365 billion or more.
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* As determined under Section 7A(a)(2) of the Act.


    By direction of the Commission.
Joel Christie,
Acting Secretary.
[FR Doc. 2024-02227 Filed 2-2-24; 8:45 am]
BILLING CODE 6750-01-P