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Revised Jurisdictional Thresholds for Section 8 of the Clayton Act

---
identifier: "/us/fr/2021-01172"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Revised Jurisdictional Thresholds for Section 8 of the Clayton Act"
title_number: 0
title_name: "Federal Register"
section_number: "2021-01172"
section_name: "Revised Jurisdictional Thresholds for Section 8 of the Clayton Act"
positive_law: false
currency: "2021-01-21"
last_updated: "2021-01-21"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Federal Trade Commission"
document_number: "2021-01172"
document_type: "notice"
publication_date: "2021-01-21"
agencies:
  - "Federal Trade Commission"
fr_citation: "86 FR 6330"
fr_volume: 86
fr_action: "Notice."
---

#  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 $37,382,000 for Section 8(a)(1), and $3,738,200 for Section 8(a)(2)(A).

**DATES:**

January 21, 2021.

**FOR FURTHER INFORMATION CONTACT:**

Chris Grengs (202-326-2612), Bureau of Competition, Office of Policy and Coordination.

**Authority:**

15 U.S.C. 19(a)(5)

April J. Tabor,

Acting Secretary.