Federal Register / Vol. 90, No. 13 / Wednesday, January 22, 2025 / Notices 7697 

received will be made available without 

change and will not be modified to 

remove personal or business 

information including confidential, 

contact, or other identifying 

information. Comments should not 

include any information such as 

confidential information that would not 

be appropriate for public disclosure. 

Comments regarding each of these 

applications must be received at the 

Reserve Bank indicated or the offices of 

the Board of Governors, Ann E. 

Misback, Secretary of the Board, 20th 

Street and Constitution Avenue NW, 

Washington, DC 20551–0001, not later 

than February 21, 2025. 

A. Federal Reserve Bank of Richmond 

(Brent B. Hassell, Assistant Vice 

President) P.O. Box 27622, Richmond, 

Virginia 23261. Comments can also be 

sent electronically to 

Comments.applications@rich.frb.org: 

1. United Community Banks, Inc., 

Greenville, South Carolina; to acquire 

ANB Holdings, Inc., and thereby 

indirectly acquire American National 

Bank, both of Oakland Park, Florida. 

Board of Governors of the Federal Reserve 

System. 

Michele Taylor Fennell, 

Associate Secretary of the Board. 

[FR Doc. 2025–01484 Filed 1–21–25; 8:45 am] 

BILLING CODE P 

FEDERAL TRADE COMMISSION 

Revised Jurisdictional Thresholds for 

Section 8 of the Clayton Act 

AGENCY: Federal Trade Commission. 

ACTION: Annual notice of revision. 

SUMMARY: The Federal Trade 

Commission announces the revised 

thresholds for interlocking directorates 

required by the 1990 amendment of 

section 8 of the Clayton Act. 

DATES: January 22, 2025. 

FOR FURTHER INFORMATION CONTACT: 

Christopher M. Grengs (202–326–2612), 

Bureau of Competition, Office of Policy 

and Coordination. 

SUPPLEMENTARY INFORMATION: 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 $51,380,000 for section 

8(a)(1), and $5,138,000 for section 

8(a)(2)(A). 

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

April J. Tabor, 

Secretary. 

[FR Doc. 2025–01513 Filed 1–21–25; 8:45 am] 

BILLING CODE 6750–01–P 

FEDERAL TRADE COMMISSION 

Revised Jurisdictional Thresholds for 

Section 7A of the Clayton Act 

AGENCY: Federal Trade Commission. 

ACTION: Annual notice of revision. 

SUMMARY: The Federal Trade 

Commission announces the revised 

thresholds for the Hart-Scott-Rodino 

Antitrust Improvements Act of 1976 

required by the 2000 amendment of 

section 7A of the Clayton Act; and the 

revised filing fee schedule for the same 

Act required by division GG of the 2023 

Consolidated Appropriations Act. 

DATES: February 21, 2025. 

FOR FURTHER INFORMATION CONTACT: 

Nora Whitehead (nwhitehead@ftc.gov, 

202–326–3262), Bureau of Competition, 

Premerger Notification Office, 400 7th 

Street SW, Washington, DC 20024. 

SUPPLEMENTARY INFORMATION: This 

document announces updates to (1) the 

thresholds for the Hart-Scott-Rodino 

Antitrust Improvements Act of 1976, as 

required by the 2000 amendment of 

section 7A of the Clayton Act; and (2) 

the filing fee schedule for the same Act, 

as required by division GG of the 2023 

Consolidated Appropriations Act. Both 

updates are discussed in more detail 

below. 

(1) The Jurisdictional Thresholds 

Section 7A of the Clayton Act, 15 

U.S.C. 18a, as added by the Hart-ScottRodino Antitrust Improvements Act of 

1976, Public Law 94–435, 90 Stat. 1390 

(‘‘the Act’’), requires all persons 

contemplating certain mergers or 

acquisitions, which meet or exceed the 

jurisdictional thresholds in the Act, to 

file notification with the Commission 

and the Assistant Attorney General and 

to wait a designated period of time 

before consummating such transactions. 

Section 7A(a)(2) requires the Federal 

Trade Commission to revise those 

thresholds annually, based on the 

change in gross national product, in 

accordance with section 8(a)(5). 

The new jurisdictional thresholds, 

which take effect 30 days after 

publication in the Federal Register, are 

as follows: 

Subsection of 7A Original jurisdictional threshold 2025 Adjusted jurisdictional 

threshold 

7A(a)(2)(A) ............................................................................................... $200 million ................................... $505.8 million. 

7A(a)(2)(B)(i) ........................................................................................... $50 million ..................................... $126.4 million. 

7A(a)(2)(B)(i) ........................................................................................... $200 million ................................... $505.8 million. 

7A(a)(2)(B)(ii)(i) ....................................................................................... $10 million ..................................... $25.3 million. 

7A(a)(2)(B)(ii)(i) ....................................................................................... $100 million ................................... $252.9 million. 

7A(a)(2)(B)(ii)(II) ...................................................................................... $10 million ..................................... $25.3 million. 

7A(a)(2)(B)(ii)(II) ...................................................................................... $100 million ................................... $252.9 million. 

7A(a)(2)(B)(ii)(III) ..................................................................................... $100 million ................................... $252.9 million. 

7A(a)(2)(B)(ii)(III) ..................................................................................... $10 million ..................................... $25.3 million. 

Any reference to the jurisdictional 

thresholds and related thresholds and 

limitation values in the HSR rules (16 

CFR parts 801 through 803) and the 

Antitrust Improvements Act 

Notification and Report Form (‘‘the HSR 

Form’’) and its Instructions will also be 

adjusted, where indicated by the term 

‘‘(as adjusted)’’, as follows: 

Original threshold 2025 Adjusted threshold 

$10 million ................................................................................................ $$25.3 million. 

$50 million ................................................................................................ $126.4 million. 


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