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To print this article, all you need is to be registered or login on Mondaq.com. An Explanation of Why Two Directors Resigned from the Live Nation Board of Directors to Resolve Antitrust Concerns Every year as part of the update of various regulatory thresholds, including the much more closely watched HSR thresholds, the Federal Trade Commission (FTC) revises the Clayton Act Section 8 thresholds, which prohibit a person from serving as a director or officer of two competing corporations (known as an interlocking directorate, interlocking boards or interlock). Currently, the Section 8 prohibition is triggered if each corporation has capital, surplus, and undivided profits aggregating more than $37,382,000

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