Bill > S4308

This bill aims to reform antitrust laws to better protect competition in the American economy. It does this by: - Revising the legal standard under Section 7 of the Clayton Act to make it easier for enforcers to block mergers that risk materially reducing competition, including by lowering quality, reducing choice, or excluding competitors. - Establishing rules that would require certain large or highly concentrated mergers to show they will not materially harm competition. - Prohibiting and deterring exclusionary conduct by dominant firms that harms competition. - Empowering the Department of Justice and Federal Trade Commission to seek civil penalties for Sherman Act violations. - Creating a new Office of the Competition Advocate within the FTC to monitor competition issues and provide recommendations. - Limiting the ability of courts to find implied immunity from antitrust laws. - Providing new protections and incentives for whistleblowers who report antitrust violations. - Allowing plaintiffs to recover prejudgment interest on damages and prohibiting mandatory arbitration of antitrust disputes. - Significantly increasing funding for antitrust enforcement agencies.

Justice

https://www.congress.gov/bill/118th-congress/senate-bill/4308/all-info