1908003 Informal Interpretation

us-ftc-hsr-informal-interpretations-d01f5db544b8a233693eda86a386153c1908003 Informal InterpretationGuidance

Date

Tags:

Rule
802.50, 802.51
Staff
Anne Six
Response/Comments

"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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