HSR Act

HSR Act
USA
Also known as HSR Act and Hart-Scott-Rodino.
A federal law requiring parties to certain proposed transactions (such as mergers and acquisitions) to file a notification with the Federal Trade Commission (FTC) and the Department of Justice (DOJ) Antitrust Division. These parties must wait a specified time period before consummating the proposed transaction. During the waiting period, regulators may request additional information or time to review the transaction in order to determine if the transaction is in violation of the federal antitrust laws.
The Hart-Scott-Rodino Antitrust Improvements Act of 1976 provides that parties to large transactions must notify the Antitrust Division of the US Department of Justice and the US Federal Trade Commission of such transactions in order that they may review them and decide whether a full-scale investigation is warranted. There are three basic tests (the commerce test, the size of persons test and the size of transaction test), all of which must be satisfied in order for the Act to apply and for a filing to be required under the Act.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • HSR — USA Hart Scott Rodino Antitrust Improvements Act of 1976 (HSR) Also known as HSR Act and Hart Scott Rodino. A federal law requiring parties to certain proposed transactions (such as mergers and acquisitions) to file a notification with the …   Law dictionary

  • HSR — The abbreviation HSR may stand for:* High speed rail generally * The Taiwan High Speed Rail specifically * Haliburton Scout Reserve, a Scouts Canada camp located near Haliburton, Ontario * Hamilton Street Railway * Hart Scott Rodino Antitrust… …   Wikipedia

  • Hart-Scott-Rodino Antitrust Improvements Act — The Hart Scott Rodino Antitrust Improvements Act of 1976 (Public Law 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… …   Wikipedia

  • Hart-Scott-Rodino Antitrust Improvements Act of 1976 — USA Hart Scott Rodino Antitrust Improvements Act of 1976 (HSR) Also known as HSR Act and Hart Scott Rodino. A federal law requiring parties to certain proposed transactions (such as mergers and acquisitions) to file a notification with the …   Law dictionary

  • Hart-Scott-Rodino Act — USA Hart Scott Rodino Antitrust Improvements Act of 1976 (HSR) Also known as HSR Act and Hart Scott Rodino. A federal law requiring parties to certain proposed transactions (such as mergers …   Law dictionary

  • Hart-Scott-Rodino Antitrust Improvements Act Of 1976 — A U.S. law enacted by President Ford that requires large companies to file a report with the Federal Trade Commission and Department of Justice before completing a merger, acquisition or tender offer so that government regulators can determine… …   Investment dictionary

  • Hart-Scott-Rodino — USA Hart Scott Rodino Antitrust Improvements Act of 1976 (HSR) Also known as HSR Act and Hart Scott Rodino. A federal law requiring parties to certain proposed transactions (such as mergers and acquisitions) to file a notification with the …   Law dictionary

  • Hewlett-Packard — Coordinates: 37°24′49″N 122°08′42″W / 37.413579°N 122.14508°W / 37.413579; 122.14508 HP red …   Wikipedia

  • History of Hamilton, Ontario — From the beginning, what is now Hamilton has benefited from its geographical proximity to major land and water transportation routes along the Niagara Peninsula and Lake Ontario. Its strategic importance has created, by Canadian standards, a rich …   Wikipedia

  • Infrastructure — Public infrastructure Assets and facilities Airports · Bridges · Broadband …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”