legislation: 94-hr-14580

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
94-hr-14580 94 hr 14580 Antitrust Premerger Notification Act Commerce 1976-06-28 1976-08-24 Provisions included in H.R. 8532 as passed House. House Rep. Rodino, Peter W., Jr. [D-NJ-10] NJ D R000374 10 (Reported to House from the Committee on the Judiciary with amendment, H. Rept. 94-1373) Antitrust Premerger Notification Act - Provides, under the Clayton Act, that no corporation shall acquire, directly or indirectly, any voting securities or assets of any other corporation unless both corporations give advance notice of the acquisition and wait until the expiration of the premerger waiting period. Applies such notification and waiting period requirements only where: (1) either corporation's activities are "in" commerce or in an activity affecting commerce; and (2) specified dollar asset and sale limitations are exceeded. Exempts specified classes of transactions from the notification requirements of this Act. Provides for a civil penalty of not more than $10,000 for each day during which such corporation or person directly or indirectly holds any voting securities or assets in violation of this Act. 2025-09-02T18:49:20Z  

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