summary
Introduced
01/31/2019
01/31/2019
In Committee
01/31/2019
01/31/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to promote merger enforcement and protect competition through adjusting premerger filing fees, increasing antitrust enforcement resources, and improving the information provided to antitrust enforcers. This bill modifies antitrust enforcement requirements regarding mergers. Specifically, the bill adjusts premerger notification filing fees; requires certain filers to report to the Federal Trade Commission (FTC) or to the relevant Assistant Attorney General on information that allows the government to assess the competitive impact of a merger; requires the FTC to study overlapping ownership or control by investors in certain markets; and requires the Government Accountability Office to assess the success of certain merger remedies and the impact of mergers and acquisitions on wages, employment, innovation, and new business formation.
AI Summary
This bill modifies antitrust enforcement requirements regarding mergers. Specifically, it adjusts premerger notification filing fees, requires certain filers to report to the Federal Trade Commission (FTC) or the Department of Justice on information to assess the competitive impact of a merger, requires the FTC to study overlapping ownership or control by investors in certain markets, and requires the Government Accountability Office to assess the success of certain merger remedies and the impact of mergers and acquisitions on wages, employment, innovation, and new business formation. The bill also authorizes increased funding for the Antitrust Division of the Department of Justice and the FTC to enhance antitrust enforcement.
Committee Categories
Justice
Sponsors (10)
Amy Klobuchar (D)*,
Tammy Baldwin (D),
Richard Blumenthal (D),
Cory Booker (D),
Dick Durbin (D),
Kirsten Gillibrand (D),
Mazie Hirono (D),
Angus King (I),
Patrick Leahy (D),
Ed Markey (D),
Last Action
Read twice and referred to the Committee on the Judiciary. (on 01/31/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/306/all-info | 02/01/2019 |
| BillText | https://www.congress.gov/116/bills/s306/BILLS-116s306is.pdf | 02/14/2019 |
| Bill | https://www.congress.gov/116/bills/s306/BILLS-116s306is.pdf.pdf | 02/14/2019 |
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