Search Results for keywords:"gross national product"

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Search Results: keywords:"gross national product"

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  • 2025-01513 — Revised Jurisdictional Thresholds for Section 8 of the Clayton Act
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    Type:Notice
    Citation:90 FR 7697
    Reading Time:less than a minute

    The Federal Trade Commission (FTC) is updating the thresholds related to interlocking directorates as required by a 1990 amendment to section 8 of the Clayton Act. This section generally prevents a person from serving as a director or officer for two competing companies if certain financial thresholds are met. For 2025, the new thresholds are $51,380,000 for larger companies and $5,138,000 for smaller ones, reflecting changes in the gross national product. These thresholds will apply immediately.

    Simple Explanation

    The Federal Trade Commission is updating the money limits to decide if a person can be a boss in two companies that compete with each other, making sure it's fair. In 2025, the big company limit is $51,380,000, and the small one is $5,138,000, changing because the country's money got bigger.

  • 2021-02110 — Revised Jurisdictional Thresholds for Section 7A of the Clayton Act
    Type:Notice
    Citation:86 FR 7870
    Reading Time:about a minute or two

    The Federal Trade Commission (FTC) has announced updated thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976. These thresholds determine when companies must notify the FTC and the Assistant Attorney General about mergers or acquisitions and wait before finalizing the deal. The revisions are made annually based on changes in the gross national product. While the notification thresholds are adjusted, the fees associated with filing these notifications have not been updated for inflation in over ten years.

    Simple Explanation

    The Federal Trade Commission is making bigger money limits for when companies have to tell them about big business deals, like buying another company. These limits change every year because of how our country's money grows.

  • 2021-01172 — Revised Jurisdictional Thresholds for Section 8 of the Clayton Act
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    Type:Notice
    Citation:86 FR 6330
    Reading Time:less than a minute

    The Federal Trade Commission (FTC) has updated the financial thresholds that determine when a person is prohibited from being a director or officer of two competing companies, which is governed by Section 8 of the Clayton Act. As of January 21, 2021, competing companies are covered by these rules if each has combined capital, surplus, and undivided profits over $10,000,000, unless the competitive sales of either company are less than $1,000,000. The new threshold amounts are $37,382,000 for one type of evaluation and $3,738,200 for another. These changes reflect adjustments that happen every year based on the gross national product.

    Simple Explanation

    The FTC made new rules about how big companies can be before one person can't be a boss at two competing companies at the same time, and it's like saying if a company has more than a big number of dollars, special rules apply. They change these numbers every year to keep up with the country's money changes.