Antitrust Premerger Notification Act

Summary

Antitrust Premerger Notification Act - Provides, under the Clayton Act, that no corporation shall acquire, directly or indirectly, any stock or other share capital or assets of any other corporation, if: (1) the acquiring corporation or the corporation, any stock, other share capital, or assets of which are being acquired, or both, are engaged in commerce or in an actvity affecting commerce; and (2) specified dollar asset and sale limitations are exceeded; until 30 days after such corporation files a premerger notification with the Federal Trade Commission and the Antitrust Division of the Justice Department. 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 person directly or indirectly holds stock or assets in violation of this Act.

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Timeline

1. 28 June 1976

   Introduced

   Referred to House Committee on the Judiciary.

   Source: IntroReferral

2. 28 June 1976

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 June 1976

   Introduced

   Introduced in House

   Source: IntroReferral

4. 28 July 1976

   Reported

   Reported to House from the Committee on the Judiciary with amendment, H. Rept. 94-1373.

   Source: Committee

5. 28 July 1976

   Reported

   Reported to House from the Committee on the Judiciary with amendment, H. Rept. 94-1373.

   Source: Committee

6. 2 August 1976

   Vote

   Measure passed House, amended, roll call #586 (278-103).

   Source: Floor

7. 2 August 1976

   Vote

   Passed/agreed to in House: Measure passed House, amended, roll call #586 (278-103).

   Source: Floor

8. 2 August 1976

   Floor

   Measure called up under motion to suspend rules and pass in House.

   Source: Floor

9. 24 August 1976

   Passed

   Provisions included in H.R. 8532 as passed House.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Reported to House with amendment(s)

  summary · EN · 28 July 1976

  Open at official source

• Introduced in House

  summary · EN · 28 June 1976

  Open at official source

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Sponsors

• Rep. Rodino, Peter W., Jr. [D-NJ-10] · D · Sponsor
• Sen. Sarbanes, Paul S. [D-MD] · D · Cosponsor
• Rep. Seiberling, John F. [D-OH-14] · D · Cosponsor
• Rep. Jordan, Barbara [D-TX-18] · D · Cosponsor
• Rep. Mezvinsky, Edward [D-IA-1] · D · Cosponsor
• Rep. Mazzoli, Romano L. [D-KY-3] · D · Cosponsor
• Rep. Hughes, William J. [D-NJ-2] · D · Cosponsor
• Rep. Hutchinson, Edward [R-MI-4] · R · Cosponsor
• Rep. McClory, Robert [R-IL-13] · R · Cosponsor
• Rep. Railsback, Thomas F. [R-IL-19] · R · Cosponsor
• Sen. Cohen, William S. [R-ME] · R · Cosponsor
• · hsju00 · Standing

Related records

• related to → Hart-Scott-Rodino Antitrust Improvements Act of 1976