Competition and Antitrust

By: James M. Burns
Willam Mullen (North Carolina and Virginia, USA)

The Hart-Scott-Rodino Act, 15 U.S.C. 18a (the "HSR Act") requires that parties contemplating mergers or the acquisition of assets, voting securities and other non-corporate interests above certain dollar thresholds

be reported to the Federal Trade Commission and the Department of Justice Antitrust Division prior to consummation so that the potential competitive implications of the transaction can be assessed prior to closing. Section 7A(a)(2) of the Clayton Act requires that these thresholds be adjusted each year, based on changes to the gross national product. Click here to read entire article.