California · Corporations Code

CORP §14703: If the Attorney General determines that they cannot complete an evaluation of the competitive effects of the acquisition before the parties intend to consummate the acquisition, the Attorney General m

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What this law says, in plain English

The Attorney General may delay completion of a competitive effects evaluation if unable to finish before parties plan to finalize an acquisition.

Read the full statutory text

If the Attorney General determines that they cannot complete an evaluation of the competitive effects of the acquisition before the parties intend to consummate the acquisition, the Attorney General may seek an order from the Superior Court of the County of Sacramento temporarily staying or preliminarily enjoining the acquisition for such time as is reasonably necessary for the Attorney General to complete the analysis.

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