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Hsr Business To Business company history timeline

1903

In 1903, President Teddy Roosevelt urged Congress to create the Bureau of Corporations, headed by a Commissioner and empowered to conduct investigations and issue reports.

1908

In 1908, at the urging of TR and Commissioner of Corporations Herbert Knox Smith, an alliance of businessmen, academics, labor officials and others pressed for new legislation to broaden the Bureau’s powers.

1914

And in 1914, Congress passed the FTC and Clayton Acts, including Section 7 which outlawed anticompetitive mergers but did not provide for premerger notification.

1950

Consensus for a broad premerger notification requirement started to gain traction after 1950.

1967

Antitrust practitioners of a certain age also may recall (from personal experience or via urban legend) that starting in 1967, the Commission used its investigative authority under Section 6 of the FTC Act to require “special reports” that provided 60-day advance notice of certain mergers.

1969

In 1969, the program was extended to large mergers generally.

1976

What emerged in 1976 as the text of the HSR Act was actually an amalgam of three bills that had been introduced to address perceived shortcomings in the mechanisms of antitrust enforcement.

1980

Philip Marcus, Antitrust Law and Practice 332 (1980) discusses the FTC special reporting program.

1989

The next major milestone occurred in 1989 when employees and others acquired the company's operations from Sears to form CB Commercial.

2020

CBRE was named to Bloomberg’s 2020 Gender-Equality Index.

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Headquarters
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