16 CFR § 802.52 - Acquisitions by or from foreign governmental entities.
---
identifier: "/us/cfr/t16/s802.52"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "16 CFR § 802.52 - Acquisitions by or from foreign governmental entities."
title_number: 16
title_name: "Commercial Practices"
section_number: "802.52"
section_name: "Acquisitions by or from foreign governmental entities."
chapter_name: "FEDERAL TRADE COMMISSION"
subchapter_number: "H"
subchapter_name: "RULES, REGULATIONS, STATEMENTS AND INTERPRETATIONS UNDER THE HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT OF 1976"
part_number: "802"
part_name: "EXEMPTION RULES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 18a(d)."
regulatory_source: "43 FR 33544, July 31, 1978, unless otherwise noted."
cfr_part: "802"
---
# 802.52 Acquisitions by or from foreign governmental entities.
An acquisition shall be exempt from the requirements of the act if:
(a) The ultimate parent entity of either the acquiring person or the acquired person is controlled by a foreign state, foreign government, or agency thereof; and
(b) The acquisition is of assets located within that foreign state or of voting securities or non-corporate interests of an entity organized under the laws of that state.
[43 FR 33544, July 31, 1978, as amended at 67 FR 11904, Mar. 18, 2002; 70 FR 4996, Jan. 31, 2005; 76 FR 42482, July 19, 2011]