HR 5642
115th Congress
House
Commerce
Business records
Competition and antitrust
Consumer affairs
Corporate finance and management
Judicial review and appeals
Restoring and Improving Merger Enforcement Act of 2018
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2018
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Apr 26, 2018
Referred to the House Committee on the Judiciary.
Apr 26, 2018
Introduced in House
Plain-English summary
Restoring and Improving Merger Enforcement Act of 2018
This bill revises the standard for determining whether a proposed corporate acquisition would substantially lessen competition. Specifically, the bill establishes that a court may consider a claim that the acquisition would increase efficiency only if such increased efficiency (1) is verifiable, (2) could not be accomplished without the acquisition, and (3) would promote competition. The bill also places the burden of proof on the defendant claiming that increased efficiency will eliminate the substantial lessening of competition that would result from the proposed acquisition.
What's happening now
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Committees of jurisdiction
2