S 4876
116th Congress
Senate
Commerce
Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 26, 2020
Read twice and referred to the Committee on the Judiciary.
Oct 26, 2020
Introduced in Senate
Plain-English summary
Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020
This bill requires the Federal Trade Commission (FTC) and the Department of Justice (DOJ) to use the same procedures when enforcing antitrust law, and it requires the FTC to issue a decision within 180 days of receiving a merger application.
Under current law, the FTC litigates the merits of contested merger cases before its own administrative tribunals. The bill requires the FTC to litigate these cases in federal court, similar to DOJ.
What's happening now
Read twice and referred to the Committee on the Judiciary.
Committees of jurisdiction
1