RELATING TO THE UNIFORM ANTITRUST PRE-MERGER NOTIFICATION ACT.

SB 348 adopts the Uniform Antitrust Pre-Merger Notification Act, establishing a standardized process for businesses to notify state authorities before completing large mergers. It directly affects companies planning significant business acquisitions by requiring them to submit specific merger details to the state antitrust agency. The key provision mandates a pre-merger notification period, allowing regulators to review potential competition impacts before deals close. This bill does not change antitrust enforcement rules but creates a consistent state-level notification system aligned with a national model. The bill is currently pending introduction and has not yet advanced to a vote.