Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary 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.
What just happenedOct 26, 2020
Read twice and referred to the Committee on the Judiciary.
Who’s behind it
- Introduced in SenateOct 26, 2020
- Oct 26, 2020IntroReferral
Read twice and referred to the Committee on the Judiciary.
Judiciary Committee - Oct 26, 2020IntroReferral10000
Introduced in Senate