Tunney Act: Difference between revisions
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{{Infobox U.S. legislation |
{{Infobox U.S. legislation |
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| shorttitle = Antitrust Procedures and Penalties Act |
| shorttitle = Antitrust Procedures and Penalties Act (APPA) |
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| othershorttitles = |
| othershorttitles = APPA |
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| longtitle = An act to reform consent decree procedures, to increase penalties for violation of the Sherman Act, and to revise the Expediting Act as it pertains to Appellate Review |
| longtitle = An act to reform consent decree procedures, to increase penalties for violation of the Sherman Act, and to revise the Expediting Act as it pertains to Appellate Review |
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| colloquialacronym = |
| colloquialacronym = |
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The '''Tunney Act''', officially known as the '''Antitrust Procedures and Penalties Act''' ({{USStatute|93|528|88|1708|1974|12|21}}, {{UnitedStatesCode|15|16}}), is [[antitrust]] legislation passed in the [[United States]] in 1974. |
The '''Tunney Act''', officially known as the '''Antitrust Procedures and Penalties Act''' ({{USStatute|93|528|88|1708|1974|12|21}}, {{UnitedStatesCode|15|16}}), is [[antitrust]] legislation passed in the [[United States]] in 1974. |
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Submitted by [[John V. Tunney]], the law has as its main point the court review [[United States Department of Justice|Justice Department]] decisions regarding [[mergers and acquisitions]].<ref>{{cite news |url=https://www.wsj.com/articles/federal-judge-wraps-up-hearings-into-cvs-aetna-deal-11559862931 |date=June 6, 2019 |title=Federal Judge Wraps Up Hearings Into CVS-Aetna Deal |first=Thomas M.|last=Burton|publisher=[[Wall Street Journal]] }}</ref> It has been referred to in the [[AT&T]] actions with regards to [[SBC Communications|SBC]] and [[BellSouth]] |
Submitted by [[John V. Tunney]], the law has as its main point the court review [[United States Department of Justice|Justice Department]] decisions regarding [[mergers and acquisitions]].<ref>{{cite news |url=https://www.wsj.com/articles/federal-judge-wraps-up-hearings-into-cvs-aetna-deal-11559862931 |date=June 6, 2019 |title=Federal Judge Wraps Up Hearings Into CVS-Aetna Deal |first=Thomas M.|last=Burton|publisher=[[Wall Street Journal]] }}</ref> It has been referred to in the [[AT&T]] actions with regards to [[SBC Communications|SBC]] and [[BellSouth]],<ref>{{cite news |url=https://www.nytimes.com/2006/07/08/business/08antitrust.html|title=Judge Looks Into Modifying Terms of 2 Phone Mergers|first=Stephen|last=Labaton|date=July 8, 2006|publisher=[[New York Times]] }}</ref> along with the acquisition of [[Sprint]] by [[T-Mobile]] proposed in 2018.<ref>{{cite news|url=https://www.federalregister.gov/documents/2019/08/12/2019-17153/united-states-et-al-v-deutsche-telekom-ag-et-al-proposed-final-judgment-and-competitive-impact|title=Notice of Antitrust Division of Proposed Final Judgement and Competitive Impact Statement|date=Aug 12, 2019|publisher=[[Federal Register]]}}</ref> |
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==References== |
==References== |
Revision as of 13:06, 29 October 2019
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Other short titles | APPA |
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Long title | An act to reform consent decree procedures, to increase penalties for violation of the Sherman Act, and to revise the Expediting Act as it pertains to Appellate Review |
Nicknames | Tunney Act |
Enacted by | the 93rd United States Congress |
The Tunney Act, officially known as the Antitrust Procedures and Penalties Act (Pub. L. 93–528, 88 Stat. 1708, enacted December 21, 1974, 15 U.S.C. § 16), is antitrust legislation passed in the United States in 1974.
Submitted by John V. Tunney, the law has as its main point the court review Justice Department decisions regarding mergers and acquisitions.[1] It has been referred to in the AT&T actions with regards to SBC and BellSouth,[2] along with the acquisition of Sprint by T-Mobile proposed in 2018.[3]
References
- ^ Burton, Thomas M. (June 6, 2019). "Federal Judge Wraps Up Hearings Into CVS-Aetna Deal". Wall Street Journal.
- ^ Labaton, Stephen (July 8, 2006). "Judge Looks Into Modifying Terms of 2 Phone Mergers". New York Times.
- ^ "Notice of Antitrust Division of Proposed Final Judgement and Competitive Impact Statement". Federal Register. Aug 12, 2019.