summary
Introduced
11/18/2021
11/18/2021
In Committee
11/18/2021
11/18/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To reform the antitrust laws to better protect competition in the American economy, to amend the Clayton Act to modify the standard for an unlawful acquisition.
AI Summary
This bill aims to strengthen antitrust enforcement and competition in the American economy. It would revise the legal standard under the Clayton Act to make it easier to block mergers that could reduce competition, such as by lowering quality, choice, or innovation. The bill also requires parties to certain large mergers to prove the deal will not harm competition, establishes an Office of the Competition Advocate to monitor competition issues, and allows the use of direct evidence of harm to competition rather than requiring a formal market definition in some cases.
Committee Categories
Justice
Sponsors (4)
Last Action
Read twice and referred to the Committee on the Judiciary. (on 11/18/2021)
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/117th-congress/senate-bill/3267/all-info | 11/19/2021 |
| BillText | https://www.congress.gov/117/bills/s3267/BILLS-117s3267is.pdf | 12/01/2021 |
| Bill | https://www.congress.gov/117/bills/s3267/BILLS-117s3267is.pdf.pdf | 12/01/2021 |
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