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Premerger Notification; Reporting and Waiting Period Requirements

FTC · final-rule · Published 2002-03-18 · Effective 2002-03-18 · 67 FR 11904

Document

Document number
02-6252
Federal Register citation
67 FR 11904
CFR reference
16 CFR 802
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Trade Commission
Publication date
2002-03-18
Effective date
2002-03-18

Abstract

The Federal Trade Commission is amending the premerger notification rules, which require the parties to certain mergers or acquisitions to file reports with the Commission and with the Assistant Attorney General in charge of the Antitrust Division of the Department of Justice and to wait a specified period of time before consummating such transactions, pursuant to section 7A of the Clayton Act. The filing and waiting period requirements enable these enforcement agencies to determine whether a proposed merger or acquisition may violate the antitrust laws if consummated and, when appropriate, to seek a preliminary injunction in federal court to prevent consummation. This rule amendment is necessary to address public comments regarding a previously published interim rule provision, and will increase the clarity and improve the effectiveness of the rule.

Source

Authoritative
Federal Register document
Machine
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