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Premerger Notification; Reporting and Waiting Period Requirements

FTC · final-rule · Published 2005-01-31 · Effective 2005-03-02 · 70 FR 4988

Document

Document number
05-1679
Federal Register citation
70 FR 4988
CFR reference
16 CFR 801
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Trade Commission
Publication date
2005-01-31
Effective date
2005-03-02

Abstract

The Commission is amending the premerger notification rules ("the rules") to reflect adjustment and publication of reporting thresholds as required by the 2000 amendments \1\ to Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by the Hart-Scott-Rodino Antitrust Improvements Act of 1976, Public Law 94-935, 90 Stat. 1390 ("the Act."). The Act requires all persons contemplating certain mergers or acquisitions, which meet or exceed the jurisdictional thresholds in the Act, to file notification with the Federal Trade Commission ("the Commission") and the Assistant Attorney General in charge of the Antitrust Division of the Department of Justice ("the Assistant Attorney General") and to wait a designated period of time before consummating such transactions. The reporting and waiting period requirements are intended to 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. ---------------------------------------------------------------------------

Source

Authoritative
Federal Register document
Machine
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