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.