Hart–Scott–Rodino Antitrust Improvements Act

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The Hart–Scott–Rodino Antitrust Improvements Act is a U.S. federal law that requires companies to notify the government and observe a waiting period before completing certain large mergers and acquisitions, enabling antitrust authorities to review deals for potential anti-competitive effects.

All labels observed (4)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal law
antitrust law
administeredBy Premerger Notification Office of the Federal Trade Commission
allows early termination of the waiting period
issuance of a second request for additional information
amends Clayton Antitrust Act of 1914
surface form: Clayton Antitrust Act
appliesTo acquisitions
certain asset acquisitions
certain stock acquisitions
joint ventures meeting specified thresholds
mergers
tender offers
codifiedIn 15 U.S.C. § 18a
contains exemptions for certain types of transactions
country United States of America
surface form: United States
enactedBy United States Congress
enforcedBy United States Department of Justice Antitrust Division
surface form: Antitrust Division of the United States Department of Justice

Federal Trade Commission
establishes initial waiting period for reportable transactions
size-of-person test for certain transactions
size-of-transaction threshold for reportability
exempts certain intraperson transactions
certain real estate and agricultural property transactions under conditions
small transactions below the size-of-transaction threshold
filingFeesAdjustedBy Federal Trade Commission
legalBasisFor Hart–Scott–Rodino Antitrust Improvements Act self-linksurface differs
surface form: HSR premerger notification program
monetaryThresholdsAdjustedFor changes in gross national product
monetaryThresholdsUpdated annually
namedAfter Hugh Scott
Peter W. Rodino
surface form: Peter W. Rodino Jr.

Philip Hart
surface form: Philip A. Hart
partOf Clayton Antitrust Act of 1914
surface form: Clayton Antitrust Act
penaltyForViolation civil monetary penalties
requirement to divest assets or unwind transactions in some cases
primaryPurpose premerger notification and review of certain mergers and acquisitions
purpose enable antitrust authorities to review transactions before consummation
prevent anticompetitive mergers and acquisitions
requires observance of a waiting period before closing covered transactions
payment of a filing fee with premerger notification
premerger notification filings for certain transactions
requiresFilingWith United States Department of Justice Antitrust Division
surface form: Antitrust Division of the United States Department of Justice

Federal Trade Commission
scope transactions exceeding specified monetary thresholds
shortName HSR Act
Hart–Scott–Rodino Antitrust Improvements Act self-linksurface differs
surface form: Hart–Scott–Rodino Act
signedIntoLawBy Gerald Ford
waitingPeriodLength 15 days for cash tender offers
30 days for most transactions
yearEnacted 1976

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Clayton Act provisions amendedBy Hart–Scott–Rodino Antitrust Improvements Act
Clayton Antitrust Act of 1914 amendedBy Hart–Scott–Rodino Antitrust Improvements Act
this entity surface form: Hart–Scott–Rodino Antitrust Improvements Act of 1976
U.S. Department of Justice antitrust litigation appliesLaw Hart–Scott–Rodino Antitrust Improvements Act
this entity surface form: Hart–Scott–Rodino Antitrust Improvements Act of 1976
United States antitrust law includes Hart–Scott–Rodino Antitrust Improvements Act
Hart–Scott–Rodino Antitrust Improvements Act shortName Hart–Scott–Rodino Antitrust Improvements Act self-linksurface differs
this entity surface form: Hart–Scott–Rodino Act
Hart–Scott–Rodino Antitrust Improvements Act legalBasisFor Hart–Scott–Rodino Antitrust Improvements Act self-linksurface differs
this entity surface form: HSR premerger notification program