Tunney Act
Encyclopedia
The Tunney Act, officially known as the Antitrust Procedures and Penalties Act , is anti-trust legislation passed in the United States
in 1974.
Submitted by John V. Tunney
, the main point of the law is to have a court review Justice Department
decisions regarding mergers and acquisitions
. It has been referred to in the AT&T
actions with regards to SBC and BellSouth
.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
in 1974.
Submitted by John V. Tunney
John V. Tunney
John Varick Tunney , is a former Democratic Party United States Senator and Representative.-Biography:He is the son of the famous heavyweight boxing champion Gene Tunney and Connecticut socialite Polly Lauder Tunney....
, the main point of the law is to have a court review Justice Department
United States Department of Justice
The United States Department of Justice , is the United States federal executive department responsible for the enforcement of the law and administration of justice, equivalent to the justice or interior ministries of other countries.The Department is led by the Attorney General, who is nominated...
decisions regarding mergers and acquisitions
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
. It has been referred to in the AT&T
AT&T
AT&T Inc. is an American multinational telecommunications corporation headquartered in Whitacre Tower, Dallas, Texas, United States. It is the largest provider of mobile telephony and fixed telephony in the United States, and is also a provider of broadband and subscription television services...
actions with regards to SBC and BellSouth
BellSouth
BellSouth Corporation is an American telecommunications holding company based in Atlanta, Georgia. BellSouth was one of the seven original Regional Bell Operating Companies after the U.S...
.