9108007 Informal Interpretation

us-ftc-hsr-informal-interpretations-2dec68e31f055b4026fe9878b5ef7be99108007 Informal InterpretationGuidance

Date
Rule
802.30
Staff
Mr. Jeffrey Kaplan
Response/Comments
OK-08/09/91 JK

Question

August 8, 1991

BY FEDERAL EXPRESS


Premerger Notification Office

Bureau of Competition

Federal Trade Commission

600 Pennsylvania Avenue, NW, Room 303

Washington, D.C. 20580

Re: (Redacted)

Dear Mr. Kaplan:

On July 22, 1991, I contacted your office to confirm that the filing requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the H-S-R Act), are not applicable in the context of a transaction where a party (Controlling Entity) that owns and controls 50% or more of the voting stock of a company (Controlled Entity) is acquiring an asset from such Controlled Entity otherwise meets the size of the parties jurisdictional requirements for the H-S-R Act filing.

After brief consideration of the issues as presented, you orally advised me that under the circumstances, there will be no H-S-R Act filing obligations. You further informed me that you arrived at this interpretation based upon your consideration of the H-S-R Act, the rules promulgated in connection therewith and the Statement of Basic Purpose (SBP) related thereto.

This letter is intended to confirm our discussion and your interpretation stated during the course thereof. Please let me know at your earliest convenience if your understanding is anything other than as set forth in this letter. My direct telephone number is (redacted).

Please stamp a copy of this letter with your Received stamp and return it in the self-addressed, stamped envelope.

Very truly yours,

(Redacted)

cc: (redacted)


Complete printed PDF page 1

Complete printed PDF page 2

Continue your research in ChatGPT or Claude

Connect Omnilex to search the legal corpus from your AI assistant.