Revised Jurisdictional Thresholds For Section 7A of the Clayton Act

Download PDF
Federal RegisterJan 26, 2016
81 Fed. Reg. 4299 (Jan. 26, 2016)

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:

Effective Date: February 25, 2016.

FOR FURTHER INFORMATION CONTACT:

Robert Jones, Federal Trade Commission, Bureau of Competition, Premerger Notification Office, 400 7th Street SW., Room #5301, Washington, DC 20024, Phone (202) 326-3100.

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, Pub. L. 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:

Subsection of 7A Original threshold (million $) Adjusted threshold (million $)
7A(a)(2)(A) 200 312.6
7A(a)(2)(B)(i) 50 78.2
7A(a)(2)(B)(i) 200 312.6
7A(a)(2)(B)(ii)(i) 10 15.6
7A(a)(2)(B)(ii)(i) 100 156.3
7A(a)(2)(B)(ii)(II) 10 15.6
7A(a)(2)(B)(ii)(II) 100 156.3
7A(a)(2)(B)(ii)(III) 100 156.3
7A(a)(2)(B)(ii)(III) 10 15.6
Section 7A note: Assessment and Collection of Filing Fee (3)(b)(1) 100 156.3
Section 7A note: Assessment and Collection of Filing Fees (3)(b)(2) 100 156.3
Section 7A note: Assessment and Collection of Filing Fees (3)(b)(2) 500 781.5
Section 7A note: Assessment and Collection of Filing Fees (3)(b)(3) 500 781.5

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 and its Instructions will also be adjusted, where indicated by the term “(as adjusted)”, as follows:

Original threshold Adjusted threshold (million $)
$10 million 15.6
$50 million 78.2
$100 million 156.3
$110 million 171.9
$200 million 312.6
$500 million 781.5
$1 billion 1,563.0

By direction of the Commission.

Donald S. Clark,

Secretary.

[FR Doc. 2016-01451 Filed 1-25-16; 8:45 am]

BILLING CODE 6750-01-P