Announced Action for September 24, 1999

Formal Interpretation of the Premerger Notification Rules: Through Formal Interpretation 16 (16 CFR § 803.30) of the Commission's Premerger Notification Rules, which appears in today's Federal Register, the FTC has changed the number of originally signed and notarized affidavits and certification pages that must be submitted with each premerger notification filing.

Until now, parties were required to submit five original affidavits and certifications. Under Formal Interpretation 16 (16 CFR § 803.30), only one original and four duplicate copies of affidavits and certification pages are required, reducing the burden on the parties filing such documents. Formal Interpretation 16 (16 CFR § 803.30) is effective upon publication. (FTC File No.P989316; media contact is Mitch Katz, 202-326-2161; staff contact is Thomas Hancock, 202-326-2946).

Copies of the documents mentioned in this FYI 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 Ave., N.W., Washington, D.C. 20580; 877-FTC Help (877-382-4357); TDD for the hearing impaired 1-866-653-4261. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202-326-2710.