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Revised Jurisdictional Thresholds for Section 8 of the Clayton Act

---
identifier: "/us/fr/2022-01215"
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: "2022-01215"
section_name: "Revised Jurisdictional Thresholds for Section 8 of the Clayton Act"
positive_law: false
currency: "2022-01-24"
last_updated: "2022-01-24"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Federal Trade Commission"
document_number: "2022-01215"
document_type: "notice"
publication_date: "2022-01-24"
agencies:
  - "Federal Trade Commission"
fr_citation: "87 FR 3540"
fr_volume: 87
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 $41,034,000 for Section 8(a)(1), and $4,103,400 for Section 8(a)(2)(A).

**DATES:**

January 24, 2022.

**FOR FURTHER INFORMATION CONTACT:**

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

*Authority:* 15 U.S.C. 19(a)(5).

April J. Tabor,

Secretary.