[Federal Register: January 18, 2006 (Volume 71, Number 11)] [Notices] [Page 2943] From the Federal Register Online via GPO Access [wais.access.gpo.gov] [DOCID:fr18ja06-54] ======================================================================= ----------------------------------------------------------------------- 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 $22,761,000 for Section 8(a)(1), and $2,276,100 for Section 8(a)(2)(A). DATES: Effective Date: January 18, 2006. FOR FURTHER INFORMATION CONTACT: James F. Mongoven, Bureau of Competition, Office of Policy and Coordination, (202) 326-2879. (Authority: 15 U.S.C. 19(a)(5)). By direction of the Commission. Donald S. Clark, Secretary. [FR Doc. 06-422 Filed 1-17-06; 8:45 am] BILLING CODE 6750-01-P