us-ftc-hsr-informal-interpretations-d01f5db544b8a233693eda86a386153c•1908003 Informal Interpretation
1908003 Informal Interpretation
us-ftc-hsr-informal-interpretations-d01f5db544b8a233693eda86a386153c1908003 Informal InterpretationGuidance
Tags:
"Sales” means annual net sales for purposes of 802.50 and 802.51.
Question
From: Six, Anne
Sent: Tuesday, August 13, 2019 2:07:49 PM (UTC-05:00) Eastern Time (US & Canada)
To: [Redacted]
Cc: [Redacted]
Subject: FW: 802.50 / 802.51
[Redacted]
“Sales” means annual net sales for purposes of 802.50 and 802.51.
Best,
Anne
From: [Redacted]
Sent: Thursday, August 8, 2019 1:28:25 PM (UTC-05:00) Eastern Time (US & Canada)
To: [Redacted]
Subject: 802.50 / 802.51
Good afternoon –
I would appreciate clarification on the following: does “sales” as used in 802.50 and 802.51 refer to net sales or gross sales? The question presented in Informal Interpretation 1506005 appears to have assumed the meaning of “sales” in 802.50 and 802.51 tracks 802.11(c), in which case it would be “net sales,” but the distinction between net and gross was not squarely addressed in the response. Thank you.
1 Sheinberg, Samuel I. From: Sent: Tuesday, August 13, 2019 2:08 PM To: Walsh, Kathryn E.; Berg, Karen E.; Carson, Timothy; Sheinberg, Samuel I.; Whitehead, Nora; Olson, Eric Subject: FW: 802.50 / 802.51 From: Six, Anne Sent: Tuesday, August 13, 2019 2:07:49 PM (UTC-05:00) Eastern Time (US & Canada) To: Cc: Subject: FW: 802.50 / 802.51 “Sales” means annual net sales for purposes of 802.50 and 802.51. Best, Anne Anne K. Six Attorney Premerger Notification Office Federal Trade Commission 202‐326‐2799 | asix@ftc.gov From: Sent: Thursday, August 8, 2019 1:28:25 PM (UTC-05:00) Eastern Time (US & Canada) To: Subject: 802.50 / 802.51 Good afternoon – I would appreciate clarification on the following: does “sales” as used in 802.50 and 802.51 refer to net sales or gross sales? The question presented in Informal Interpretation 1506005 appears to have assumed the meaning of “sales” in 802.50 and 802.51 tracks 802.11(c), in which case it would be “net sales,” but the distinction between net and gross was not squarely addressed in the response. Thank you.
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