On Apr. 4, WAS LEG enacted bill on antitrust premerger notifications.
WAS LEG enacted SB 5122, amending WAS LEG 19.390.060; and adding a new chapter to WAS LEG 19 enacting the Uniform antitrust premerger notification act.
Document dated Apr. 4, 2025, was received on May 16, 2025 due to a fixed feed.
Bill Provisions
Requires certain parties filing premerger notification forms and documents with federal agencies to also file such forms and documents with the Washington Attorney General.
Outlines situations when a person filing an Hart-Scott-Rodino form with the federal government must simultaneously submit the same materials to the attorney general.
Companies intending to engage in certain mergers or acquisitions to provide pre-merger notification to FTC and the DOJ before consummating these transactions.
Reporting requirement applies to proposed transactions that satisfy certain size and other criteria, and each party must file notifications and wait typically 30 days.
Failure to comply with filing requirements may incur penalty of not more than $10,000.
Legislative History
On Jan. 30, 2025, bill introduced into Senate; on Feb. 5, 2025, bill passed Senate.
On Feb. 7, 2025, bill introduced into House; on Mar. 26, 2025, bill passed House.
On Apr. 1, 2025, delivered to governor; on Apr. 4, 2025, signed by governor, Ch. 7.
