Hawaii SB348 amends state law to align with the Uniform Antitrust Pre-Merger Notification Act, requiring electronic filing of pre-merger.

Hawaii SB348 amends Chapter 480 of the Hawaii Revised Statutes to incorporate the Uniform Antitrust Pre-Merger Notification Act. It mandates that businesses with a principal place of business in Hawaii or those with significant sales in the state file pre-merger notifications electronically. The bill also requires the attorney general to maintain confidentiality of these filings, except in specific circumstances such as disclosures to other states with equivalent laws or in legal proceedings. The attorney general can impose civil penalties for noncompliance.

Hawaii SB348 amends state law to align with the Uniform Antitrust Pre-Merger Notification Act, requiring electronic filing of pre-merger.

Hawaii SB348 amends Chapter 480 of the Hawaii Revised Statutes to incorporate the Uniform Antitrust Pre-Merger Notification Act. It mandates that businesses with a principal place of business in Hawaii or those with significant sales in the state file pre-merger notifications electronically. The bill also requires the attorney general to maintain confidentiality of these filings, except in specific circumstances such as disclosures to other states with equivalent laws or in legal proceedings. The attorney general can impose civil penalties for noncompliance.