State Sen. Tom Umberg (right) with US Sen. Adam Schiff
Photographer: Paul Bersebach/MediaNews Group/Orange County Register via Getty Images
California’s attorney general would get advance notice of more mergers and acquisitions under a measure that the chair of the Senate Judiciary Committee plans to revive next year.
It’s the latest proposal by state lawmakers to extend California’s enforcement of antitrust laws. The bill would require companies that have to give federal regulators notice of deals under the Hart-Scott-Rodino Act to submit the same disclosures to the state if they are headquartered in California or sell a certain amount of products or services there.
The measure passed the Senate in June by a vote of 36-1 but stalled in ...