By Wesley Brown ( August 18, 2026, 01:05 GMT | Insight) -- The California Law Revision Commission directed staff to draft a tentative recommendation for its Oct. 30 meeting that would clarify the proposed merger law using a "reasonable probability" standard, rather than the more novel "appreciable risk" formulation, while declining to hard-code Herfindahl-Hirschman Index thresholds.The California Law Revision Commission directed staff Monday to draft a tentative recommendation for its Oct. 30 meeting that would clarify a proposed new state antitrust merger law it commission is working on using a "reasonable probability" standard, rather than the more novel "appreciable risk" formulation, while declining to hard-code Herfindahl-Hirschman Index, or HHI, thresholds....
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