[Federal Register Volume 85, Number 13 (Tuesday, January 21, 2020)] [Notices] [Page 3381] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2020-00784] ======================================================================= ----------------------------------------------------------------------- FEDERAL TRADE COMMISSION Revised Jurisdictional Thresholds for Section 8 of the Clayton Act AGENCY: Federal Trade Commission. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Federal Trade Commission announces the revised thresholds for interlocking directorates required by the 1990 amendment of Section 8 of the Clayton Act. Section 8 prohibits, with certain exceptions, one person from serving as a director or officer of two competing corporations if two thresholds are met. Competitor corporations are covered by Section 8 if each one has capital, surplus, and undivided profits aggregating more than $10,000,000, with the exception that no corporation is covered if the competitive sales of either corporation are less than $1,000,000. Section 8(a)(5) requires the Federal Trade Commission to revise those thresholds annually, based on the change in gross national product. The new thresholds, which take effect immediately, are $38,204,000 for Section 8(a)(1), and $3,820,400 for Section 8(a)(2)(A). DATES: January 21, 2020. FOR FURTHER INFORMATION CONTACT: James F. Mongoven (202-326-2879), Bureau of Competition, Office of Policy and Coordination. (Authority: 15 U.S.C. 19(a)(5)). April J. Tabor, Acting Secretary. [FR Doc. 2020-00784 Filed 1-17-20; 8:45 am] BILLING CODE 6750-01-P