Antitrust Radar

FY2023 acquired-entity profile / published 3-digit NAICS

45444-45Retail trade

Nonstore Retailers

This release row records 23 adjusted HSR transactions, 3 agency clearances, and 0 Second Requests. It describes acquired-entity classification inside one federal report, not an industry merger rate or a legal antitrust market.

Locate in atlas Compare releases Exact row
Position in FY2023 Table XIRank 21 of 79
Highest adjusted countLowest
Published share
1.3%
0.0 pp from FY2022
Sector position
1 / 10
25.0% of sector transactions
Nonstore Retailers25.0%
23 row92 sector
Adjusted transactions
23
1.3% published share
Agency clearances
3
3 FTC / 0 DOJ
Second Requests
0
0.0% of row count
Intra-industry flags
0
0.0% of row count
Release continuity
2 / 2
Stable code and label
Position in FY2023 Table XI

Rank 21 of 79

Transactions
23
1.3% share
Clearances
3
3 FTC / 0 DOJ
Second Requests
0
0.0% of row
Intra-industry
0
0.0% of row
Continuity
2 / 2
Stable code and label

Adjacent official releases

Same-code release continuity

Stable code and label

The same 3-digit code and published label appear in FY2023 and FY2024.

FY2023454Nonstore Retailers23 transactions / 1.3%FY2024454Nonstore Retailers18 transactions / 0.9%
Adjusted transactions
FY202323FY202418
-5
Published share
FY20231.3%FY20240.9%
-0.4 pp
Agency clearances
FY20233FY20241
-2
Second Requests
FY20230FY20240
0
Intra-industry flags
FY20230FY20240
0

Release-to-release sector shifts aggregate each edition's exact published rows inside stable broad NAICS sectors. They are descriptive changes in the federal review pipeline, not merger rates, market-power measures, or causal estimates. Industry codes and labels that enter, exit, or change between tables remain explicit rather than being silently crosswalked.

Published review-stage record

Agency lanes stay separate

FY2023 / exact Table XI fields

Clearances and Second Requests are administrative review stages. Their counts and row-level rates do not indicate liability, remedy, competitive harm, or agency effectiveness.

Agency clearances3Rank 10 of 79
Federal Trade Commission
3
Department of Justice
0
13.0% clearances / row count
Second Requests0Rank 5 of 79
Federal Trade Commission
0
Department of Justice
0
0.0% Second Requests / row count
Intra-industry flags0Rank 7 of 79
Flagged transactions
0
Other row transactions
23
0.0% of row count

An intra-industry transaction means the acquiring and acquired persons both reported revenue in the same 3-digit NAICS code. It does not establish a horizontal overlap, relevant antitrust market, or competitive effect.

Sector peer field

Retail trade

10 published rows / common count scale

Peers share this report's broad NAICS sector. Ordering uses adjusted transaction count within FY2023; it is not a ranking of market power, importance, or enforcement priority.

  1. 01454Nonstore Retailers231.3%
  2. 02441Motor Vehicle and Parts Dealers221.3%
  3. 03446Health and Personal Care Stores140.8%
  4. 04447Gasoline Stations110.6%
  5. 05448Clothing and Clothing Accessories Stores80.5%
  6. 06452General Merchandise Stores40.2%
  7. 07444Electronics and Appliance Stores30.2%
  8. 08445Food and Beverage Stores30.2%
  9. 09453Miscellaneous Store Retailers30.2%
  10. 10442Furniture and Home Furnishing Stores10.1%
Open the complete sector in the composition atlasPreserve FY2023, sector 44-45, and selected NAICS 454.

Classification passport

Exact labels before analytical joins

Code identity is not a silent crosswalk

The release label, adjacent-release label, and Census 2022 label are shown independently. A matching code supports navigation; it does not prove statistical continuity when labels or source universes differ.

Selected HSR releaseFY2023 / 454

Nonstore Retailers

46th Hart-Scott-Rodino Annual Report (FY 2023)
Adjacent HSR releaseFY2024 / 454

Nonstore Retailers

Stable code and label
2022 Economic CensusNo exact code

No same-code concentration record is encoded.

Context gap retained
No exact 2022 Census code context

The profile remains complete for the HSR release. The observatory does not assign a replacement NAICS code.

Evidence custody

One official row, reproducible handoffs

Source checked Aug 14, 2026
Official source

46th Hart-Scott-Rodino Annual Report (FY 2023)

Federal Trade Commission and U.S. Department of Justice

Federal Trade Commission and U.S. Department of Justice Antitrust Division, 46th Hart-Scott-Rodino Annual Report, Fiscal Year 2023, October 2024.Open source dossier

The FY2023 and FY2024 acquired-entity tables classify adjusted HSR transactions by 3-digit NAICS. They describe the federal review pipeline, not industry-wide merger rates, market definitions, competitive harm, or agency performance. Published row shares are independently rounded to one decimal place and therefore sum to 100.3% and 101.5%, respectively, while each official table total remains 100.0%.