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Committee advances SB 25 to give state attorneys earlier access to Hart–Scott–Rodino filings
Summary
SB 25, the Pre-Merger Notification Act, was advanced after witnesses and members debated whether earlier access to Hart–Scott–Rodino merger filings will help state enforcement and reduce costly, delayed suits; the bill includes confidentiality protections for businesses.
Senate Bill 25, presented by Senator Tom Umberg and sponsored by the Uniform Law Commission, would allow state attorneys general earlier access to merger filings required under the federal Hart–Scott–Rodino (HSR) Act so states can coordinate review of potentially anticompetitive transactions.
Dan Robbins, representing the Uniform Law Commission, told the committee that state attorneys general are currently disadvantaged because confidential…
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