Senate Bill 4876
116th Congress(2019-2020)
Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020
Introduced
Introduced in Senate on Oct 26, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4876
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
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.
October 26, 2020
10/26/2020
Read twice and referred to the Committee on the Judiciary.
10/26/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:44:21 PM