For Your Information:
Announced Action
for March 30, 2004
Publication of Federal Register notice:
The Commission, by a vote of 5-0, has authorized publication
of a notice of proposed rulemaking seeking public comments
on proposed amendments to the Hart-Scott-Rodino Rules (16
C.F.R. Parts 801-803). This proposed rulemaking introduces
a number of changes that attempt to reconcile, as far as is
practical, the current disparate treatment of corporations,
partnerships, limited liability companies and other types
of unincorporated entities under the rules, particularly in
the areas of acquisitions of interests in these entities;
formations of the entities; and the application of certain
exemptions, including the intraperson exemption. There are
also proposed ministerial changes to certain rules to adapt
their application to both corporations and unincorporated
entities. Additionally, there are proposed minor changes to
the Notification and Report Form. In addition to proposed
amendments concerning unincorporated entities, there are proposed
technical corrections to Sections 801.13, 801.15 and 802.2.
The table at the following link to the
Premerger Notification Office Web page summarizes the proposed
amendments: http://www.ftc.gov/os/2004/03/premergerfrnhighlights.pdf.
The text of the notice can be found at http://www.ftc.gov/os/2004/03/premergerfrn.pdf
The notice will be published in the Federal Register shortly.
Comments should be sent to: Federal Trade Commission, Office
of the Secretary, 600 Pennsylvania Ave., NW, Washington, DC
20580. An electronic comment can be filed at http://www.regulations.gov.
Copies
of the documents mentioned in this release are available from
the FTC's Web site at http://www.ftc.gov
and also from the FTC's Consumer Response Center, Room 130,
600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call
toll-free: 1-877-FTC-HELP.
MEDIA CONTACT:
Office of Public Affairs
202-326-2180
(http://www.ftc.gov/opa/2004/03/fyi0423.htm)
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Related Documents:
16 C.F.R. Parts 801, 802 and
803:
Premerger Notification Reporting and Waiting Period Requirements:
Notice of Proposed Rulemaking and Request for Public Comments
To Reconcile, As Far As Practical, the Treatment of Corporations,
Partnerships, Limited Liability Companies, and Other Types
of Noncorporate Entities Under the Rules.
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