Under the Hart-Scott-Rodino Antitrust Improvement Act, the government may not block proposed mergers of firms; the mergers must be contested in court later.

Question

Quizplus · Accepted Answer

The statement is false. Under the Hart-Scott-Rodino Antitrust Improvement Act, the government has the power to block proposed mergers of firms before they occur to prevent potential violations of antitrust laws. The parties seeking to merge must submit a pre-merger notification to the government, and the government has 30 days to review the transaction. If the government determines that the proposed merger may violate antitrust laws, it can seek an injunction to prevent the merger from occurring.

Under the Hart-Scott-Rodino Antitrust Improvement Act, the Government May Not