us-ftc-hsr-informal-interpretations-26aa24e03b3604a9c3302f801f6fc7e4•2311003 Informal Interpretation
2311003 Informal Interpretation
us-ftc-hsr-informal-interpretations-26aa24e03b3604a9c3302f801f6fc7e42311003 Informal InterpretationGuidance
You should report the codes in Item 5, along with an explanation about the negative revenue, and Item 7 information if any of the codes capture overlaps.
Question
From: Walsh, Kathryn E. <kwalsh@ftc.gov>
Sent: Wednesday, November 15, 2023 9:12:47 AM (UTC-05:00) Eastern Time (US & Canada)
To: [Redacted]
Cc: HSRHelp <HSRHelp@ftc.gov>
Subject: FW: Item 5(a) Procedural Question
You should report the codes in Item 5, along with an explanation about the negative revenue, and Item 7 information if any of the codes capture overlaps.
From: [Redacted]
Sent: Monday, November 13, 2023 6:37:27 PM (UTC-05:00) Eastern Time (US & Canada)
To: HSRHelp <HSRHelp@ftc.gov>
Cc: [Redacted]
Subject: Item 5(a) Procedural Question
I hope all is well. I am hoping the PNO team can help with a procedural question concerning Item 5(a). We are preparing a filing for a client which will list a number of NAICS and NAPCS Codes and corresponding revenue in Item 5(a).
I note that one of our client’s 6-digit nonmanufacturing codes and one 10-digit NAPCS Codes showed net negative sales. The negative net revenue was caused by a variety of reasons relating to sales.
Can I assume I do not have list NAICS Codes or NAPCS Codes that show net negative revenue in response to Item 5(a) or take these negative revenue codes into consideration when responding to Item 7 ?
As always, we appreciate Staff’s time and effort in assisting us.
Sheinberg, Samuel I. From : HSR Help Sent: Wedn esd ay, November 15, 2023 9:13 AM To: Berg, Karen E.; Musick, Vesse lin a; Shaffer, Kr istin; She inberg, Samuel I.; Si x, Ann e; Whitehead, Nora; Fetterman, Mic helle; Burton, Ju ne Subject: FW : Item S(a) Procedural Question From: Walsh, Kathryn E. < kwalsh@ftc.gov> UTC- 05 :00) Eastern Ti me (US & Canada) Sent: Wednesda , November 15, 2023 9: 12:47 AM To: Cc: e p < e p c. gov> Subject: FW : Item S(a) Procedural Question CONTROLLED You should re port t he co d es in Item 5, along wit h an explan at ion about t he negative revenue, and It em 7 in for mation if any of the codes capt ure ov erlaps. :00) Eastern nme (US & Canada) To: HSR Help < HSRHelp@ftc.gov> From: Sent: - Cc: Su I hope all is well. I am hoping the PNO team can help with a procedural question concerning Item 5(a). We are preparing a filing fo r a client which will list a number ofNAICS and NAPCS Codes and con esponding revenue in Item 5(a). I note that one of our clien t' s 6-digit nonm anufacturing codes and one IO -digit NAPCS Codes showed net negative sales. The negative net revenue was caused by a variety of reasons relating to sales. Can I assume I do not have list NAICS Codes or NAPCS Codes that show net negative revenue in response to Item 5(a) or take these negative revenue codes into consideration when responding to Item 7? As always, we appreciate Staffs time and effo1i in assisting u s. 1
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