SB348

Establishes the Uniform Antitrust Pre-Merger Notification Act in Hawaii, ensuring confidentiality of pre-merger notifications and setting civil.

The bill establishes the Uniform Antitrust Pre-Merger Notification Act in Hawaii, which mandates that the attorney general must not charge a fee for filing or providing the Hart-Scott-Rodino form or additional documentary material. It ensures confidentiality of these documents, except in specific circumstances such as court orders or administrative proceedings. The attorney general can disclose information to other states with equivalent confidentiality provisions. The act also allows for civil penalties of up to $10,000 per day for noncompliance with filing requirements.