Bill > S1937

This bill, the Merger Filing Fee Modernization Act of 2019, aims to promote merger enforcement and protect competition by adjusting premerger filing fees and increasing antitrust enforcement resources. The key provisions of this bill are: 1. Modifying and expanding the schedule for graduated merger filing fees, with fees ranging from $30,000 to $2,250,000 depending on the aggregate total amount of the transaction. 2. Requiring the merger filing fees to be adjusted annually based on the Producer Price Index, with the Federal Trade Commission publishing the adjusted amounts each year. 3. Authorizing the appropriation of $180,606,000 for the Antitrust Division of the Department of Justice and $342,000,000 for the Federal Trade Commission in fiscal year 2020, to enhance antitrust enforcement resources. The goal of this bill is to provide the necessary resources and tools for the government to effectively monitor and enforce merger activity, thereby protecting competition in the marketplace.