Bill > SB147

This bill, the Uniform Antitrust Pre-Merger Notification Act, allows the state Attorney General to receive copies of pre-merger notifications filed with the federal government under the Hart-Scott-Rodino Act, which requires companies to report mergers or acquisitions that meet certain size thresholds to prevent anti-competitive practices. Specifically, businesses whose principal place of business is in the state, or whose transaction involves at least 20% of the federal filing threshold in sales within the state, must provide electronic copies of their Hart-Scott-Rodino forms and any additional supporting documents to the Attorney General. The Attorney General is prohibited from making this information public or disclosing it, except in specific legal proceedings or when sharing with federal agencies or other states that have similar laws, ensuring the confidentiality of the shared documents while enabling the state to participate in antitrust reviews that could impact West Virginia. Failure to comply with these filing requirements can result in civil penalties of up to $10,000 per day.

Justice

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=147&year=2026&sessiontype=RS&btype=bill