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Consolidation Prevention and Competition Promotion Act of 2017

Introduced: September 14, 2017 Introduced by: Klobuchar, Amy Democratic · Minnesota See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 14, 2017
Read twice and referred to the Committee on the Judiciary.
Sep 14, 2017
Introduced in Senate
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 Plain-English summary Congressional Research Service

Consolidation Prevention and Competition Promotion Act of 2017

This bill amends the Clayton Act to revise merger requirements. Specifically, the bill:

  • prohibits a merger that materially (currently, substantially) lessens competition in more than a de minimis amount or tends to create a monopsony (a market situation in which there is only one buyer),
  • shifts the burden of proof to the merging companies that their consolidation will not harm competition,
  • requires companies that enter into a settlement agreement with the Federal Trade Commission (FTC) or Department of Justice regarding a merger to report information that allows the agencies to assess the competitive impact of the merger, and
  • establishes the Office of the Competition Advocate within the FTC.
What's happening now September 14, 2017

Read twice and referred to the Committee on the Judiciary.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Blumenthal, Richard
Connecticut · Sep 14, 2017
 D
Gillibrand, Kirsten E.
New York · Sep 14, 2017
 D
Markey, Edward J.
Massachusetts · Sep 14, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1812: Consolidation Prevention and Competition Promotion Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-S-1812/
MLA
"S. 1812: Consolidation Prevention and Competition Promotion Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-1812/.
Bluebook (legal)
S. 1812, 115th Cong. (2026), https://openamerica.io/bill/115-S-1812/.
Markdown link
[S. 1812: Consolidation Prevention and Competition Promotion Act of 2017](https://openamerica.io/bill/115-S-1812/)
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