S. 4876 · 116th Congress
Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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LeeSponsor2 cosponsors · 2 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020
What it does: CRS summary · Introduced in Senate · Oct 26, 2020
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020
Latest action (Oct 26, 2020): Read twice and referred to the Committee on the Judiciary.
Policy area: Commerce · Origin: Senate · Introduced: Oct 26, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.