Tunney Act

Antitrust Procedures and Penalties Act (APPA)
Other short titles	APPA
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.Tooltip Public Law (United States) 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.

External links

Text of Act

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[1] Burton, Thomas M. (June 6, 2019). "Federal Judge Wraps Up Hearings Into CVS-Aetna Deal". Wall Street Journal.

[2] Labaton, Stephen (July 8, 2006). "Judge Looks Into Modifying Terms of 2 Phone Mergers". New York Times.

[3] "Notice of Antitrust Division of Proposed Final Judgement and Competitive Impact Statement". Federal Register. Aug 12, 2019.