Merger control requires pre-notification and a suspensory waiting period before combinations can take effect, subject to Commission review. Regulation of combinations forbids combinations causing an appreciable adverse effect on competition; such combinations are void. Proposed combinations must be notified to the Commission after specified triggering events and before consummation, and a statutory suspensory waiting period prevents the combination taking effect until the prescribed period or Commission orders. The Commission reviews notices under the procedural sections; a prescribed simplified filing can yield deemed approval subject to later voiding for materially incorrect or incomplete filings. Specified financial and institutional acquisitions are exempted.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Merger control requires pre-notification and a suspensory waiting period before combinations can take effect, subject to Commission review.
Regulation of combinations forbids combinations causing an appreciable adverse effect on competition; such combinations are void. Proposed combinations must be notified to the Commission after specified triggering events and before consummation, and a statutory suspensory waiting period prevents the combination taking effect until the prescribed period or Commission orders. The Commission reviews notices under the procedural sections; a prescribed simplified filing can yield deemed approval subject to later voiding for materially incorrect or incomplete filings. Specified financial and institutional acquisitions are exempted.
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