HSR Form: Affidavit For Non-Negotiated (Rule 801.30) Transactions
About this template
The legal template, HSR Form: Affidavit For Non-Negotiated (Rule 801.30) Transactions, is a document that is used in the field of antitrust and competition law. It is specifically designed to facilitate compliance with the Hart-Scott-Rodino (HSR) Act and its corresponding regulations.
The HSR Act regulates certain mergers, acquisitions, and other transactions that meet certain financial thresholds to prevent anti-competitive practices and ensure fair market competition. However, not all transactions fall within the purview of the Act. Transactions that fall under the Rule 801.30 exemption do not require premerger notification and approval.
This legal template, the Affidavit for Non-Negotiated (Rule 801.30) Transactions, is used in cases where the involved parties want to assert that a particular transaction qualifies for the exemption under Rule 801.30. It acts as a formal declaration in which the parties involved attest to the fact that the transaction does not involve any negotiations or discussions regarding price, market allocation, or other competitively sensitive information. This affirmation is crucial in order to claim the exemption and avoid any unnecessary regulatory obligations and compliance procedures.
The template includes spaces for the parties to provide their names, contact information, and a brief description of the transaction. It also outlines the specific terms and conditions for claiming the Rule 801.30 exemption and requires a signature or acknowledgment from both parties affirming the accuracy and truthfulness of the information provided.
Using this HSR Form can help streamline the compliance process by providing a standardized format to assert the eligibility for the exemption, ensuring clarity and transparency for all parties involved.