Which of the following Acts created a review process under which mergers,joint venture agreements,and similar transactions must be brought before the Department of Justice for review before they are concluded?
A) The Clayton Act
B) The Smoot-Hawley Act
C) The Hart-Scott-Rodino Act
D) The Kyoto Protocol

Question

Quizplus · Accepted Answer

The Hart-Scott-Rodino Act (HSR Act) created a review process under which mergers, joint venture agreements, and similar transactions must be brought before the Department of Justice for review before they are concluded. The act requires that parties involved in a merger or acquisition notify the Federal Trade Commission and the Department of Justice before the transaction is concluded. This provides government regulators with an opportunity to review the transaction for antitrust concerns before it is completed.

Which of the Following Acts Created a Review Process Under