Hart-Scott-Rodino Antitrust Improvements Act of 1976

Tags:

Mission:

Competition

Rule/Law:

15 U.S.C. § 18a, as amended

This Act amended the Clayton Act by requiring companies to file premerger notifications with the Federal Trade Commission and the Antitrust Division of the Justice Department. The Act establishes waiting periods that must elapse before certain acquisitions or tender offers may be consummated and authorizes the enforcement agencies to stay those periods until the companies provide certain additional information about the proposed transaction. 2001 Amendments