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Premerger Notification; Reporting and Waiting Period Requirements

FTC · final-rule · Published 2003-01-17 · Effective 2003-01-17 · 68 FR 2425

Document

Document number
03-1078
Federal Register citation
68 FR 2425
CFR reference
16 CFR 801
Type
Rule
Action
Final rules.
Category
final-rule
Agency
US Federal Trade Commission
Publication date
2003-01-17
Effective date
2003-01-17

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. The rule amendments are necessary to address public comments regarding the Interim Rules published February 1, 2001, and will increase the clarity and improve the effectiveness of the rules and the Notification and Report Form.

Source

Authoritative
Federal Register document
Machine
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