Search Results for citation:"86 FR 6330"

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.

The Federal Trade Commission (FTC) is asking for a three-year extension from the Office of Management and Budget (OMB) for the clearance of information collection requirements related to the Amplifier Rule, which concerns power output claims for amplifiers in home entertainment products. This clearance, initially expiring on January 31, 2021, helps standardize the measurement and disclosure of these products' features, aiding consumers in making informed purchases. The FTC invites public comments on this extension by February 22, 2021. The deadline extension aims to continue ensuring manufacturers provide consistent information about amplifiers, improving transparency and consumer trust.