Dictionary - Definition of HART-SCOTT-RODINO

Domain	Definition
Agriculture	The Hart-Scott-Rodino Antitrust Improvements Act of 1976 establishes a notification and review process that precedes mergers and acquisitions. Generally, large companies planning a merger or acquisition of another firm first must notify both the Department of Justice and Federal Trade Commission, and provide the two agencies with information (which must be kept confidential) that enables them to assess the likely competitive impacts. The agencies usually have 30 days to make this assessment. During this period, USDA - which has no authority to approve mergers - might be asked, or decide on its own, to contribute information if the proposed merger affects agriculture. (references)
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Common Expressions: HART-SCOTT-RODINO

Expressions	Definition
Hart-Scott-Rodino Antitrust Improvements Act	The Hart-Scott-Rodino Antitrust Improvements Act of 1976, Pub. L. 94-435 (known commonly as the HSR Act), is a set of amendments to the antitrust laws of the United States, principally the Clayton Antitrust Act. The HSR Act was signed into law by President Gerald R. Ford on September 30, 1976. The context in which the HSR Act is usually cited is 15 U.S.C. & 18a, title II of the original law, which provides that a company seeking to acquire or merge with another company (or engage in certain other transactions) must file advance notice of its intentions with the Federal Trade Commission and the Assistant Attorney General in charge of the Antitrust Division of the Department of Justice at least thirty days prior to consummation of such a transaction. The filing requirement is triggered only if the value of the transaction exceeds certain thresholds, which are adjusted over time. The firm that is making the proposed acquisition is required to pay a substantial filing fee when making its filing; the amount of the fees is tied to the size of the transaction. If the government requests additional information to determine whether the proposed transaction comports with antitrust law, it may extend the waiting period for an additional thirty days after such information is submitted. (references)
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Topics by Level of Interest: HART-SCOTT-RODINO
Topics sorted by level of Interest	Level (1=low, 600=high)	Topics sorted Alphabetically	Level (1=low, 600=high)
Hart-Scott-Rodino Antitrust Improvements Act	9	Hart-Scott-Rodino Antitrust Improvements Act	9
Source: the editor, created by/for EVE to gauge likely levels of human interest in linguistically triggered topics (compiled across various sources, such as Wikipedia and specialty expression glosses).