Tunney Act


The Tunney Act, officially known as the Antitrust Procedures and Penalties Act, is antitrust legislation passed in the United States in 1974.
Submitted by John V. Tunney, the law has as its main point the court review of United [States Department of Justice|Justice Department] decisions regarding mergers and acquisitions, including settlements. It has been referred to in the AT&T actions with regards to SBC and BellSouth, along with the acquisition of Sprint by T-Mobile proposed in 2018. The need for settlements to be approved by a judge is considered to be a protection from corruption.