H.R. 5642 · 115th Congress
Restoring and Improving Merger Enforcement Act of 2018
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
NadlerSponsor3 cosponsors · 3 D
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill revises the standard for determining whether a proposed corporate acquisition would substantially lessen competition.
What it does: CRS summary · Introduced in House · Apr 26, 2018
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Restoring and Improving Merger Enforcement Act of 2018
Latest action (May 22, 2018): Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Policy area: Commerce · Origin: House · Introduced: Apr 26, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.