Uniform Antitrust Pre-Merger Notification Act

The act enacts the "Uniform Antitrust Pre-Merger Notification Act", drafted by the Uniform Law Commission. The act:

• Requires a person filing a pre-merger notification with the federal government under the federal "Hart-Scott-Rodino Act" that has its principal place of business in the state or directly or indirectly has annual net sales in the state of at least 20% of the filing threshold to contemporaneously file with the state attorney general complete electronic copies of the Hart-Scott-Rodino form and any additional documentary material that the person filed with the pre-merger notification;
• Requires the attorney general to keep the filed form and documentary material confidential, subject to specified exceptions; and
• Authorizes the attorney general to impose a civil penalty of not more than $10,000 per day of noncompliance on any person that fails to comply with the filing requirement.

For the 2025-26 state fiscal year, the act appropriates $68,052 from the general fund to the department of law to implement the act.

(Note: This summary applies to this bill as enacted.)