{"data":{"id":"us/16-cfr-802.52","jurisdiction":"us","citation":"16 CFR 802.52","heading":"Acquisitions by or from foreign governmental entities.","body":"An acquisition shall be exempt from the requirements of the act if:\n(a) The ultimate parent entity of either the acquiring person or the acquired person is controlled by a foreign state, foreign government, or agency thereof; and\n(b) The acquisition is of assets located within that foreign state or of voting securities or non-corporate interests of an entity organized under the laws of that state.\nExample:\nThe government of foreign country X has decided to sell assets of its wholly owned corporation, B, all of which are located in foreign country X. The buyer is “A,” a U.S. person. Regardless of the aggregate sales in or into the United States attributable to the assets of B, the transaction is exempt under this section. (If such aggregate sales were $50 million (as adjusted) or less, the transaction would also be exempt under § 802.50).","path":["Title 16—Commercial Practices","CHAPTER I—FEDERAL TRADE COMMISSION","SUBCHAPTER H—RULES, REGULATIONS, STATEMENTS AND INTERPRETATIONS UNDER THE HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT OF 1976","PART 802—EXEMPTION RULES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-16.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:29Z","sha256":"701b472eb0cb41ca7d765ef7d78f6a7dfabd80eacfb0d6eb52448d5310f91f78","source_id":"us-cfr","stale":true,"prev":"us/16-cfr-802.51","next":"us/16-cfr-802.53"},"notice":"GroundRules: Original legal text. Not legal advice."}