RELATING TO THE UNIFORM ANTITRUST PRE-MERGER NOTIFICATION ACT.

SB 348 adopts the Uniform Antitrust Pre-Merger Notification Act, establishing a standard process for notifying state regulators before certain business mergers occur. It would require companies to submit specific information to state authorities prior to completing acquisitions that meet defined size thresholds. This bill directly affects businesses planning significant mergers within the state and state antitrust enforcement agencies. The bill is in early stages (pending introduction as of January 14, 2025) and does not detail specific notification requirements or thresholds in the provided context.