A bill to amend the Clayton Act to provide for a presumption with respect to the effect of certain acquisitions on competition.

Summary

Amends the Clayton Act to establish a presumption that an acquisition or use of stock substantially lessens competition or tends to create a monopoly, if such acquisition or use is likely to substantially foreclose the availability of supply sources or distribution outlets for any person in any line of commerce of the acquiring person or of the person whose stock, share capital, or assets are to be acquired. Permits rebuttal of such presumption by evidence that such acquisition or use would create substantial efficiencies that are likely to benefit consumers.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 7 February 1985

   Introduced

   Referred to House Committee on The Judiciary.

   Source: IntroReferral

2. 7 February 1985

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 February 1985

   Introduced

   Introduced in House

   Source: IntroReferral

4. 6 March 1985

   Referred

   Referred to Subcommittee on Monopolies and Commercial Law.

   Source: Committee

5. 3 April 1985

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 24 April 1985

   Committee

   Executive Comment Requested from Justice.

   Source: Committee

7. 25 April 1985

   Committee

   Subcommittee Hearings Held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 7 February 1985

  Open at official source

Sponsors

• Rep. Rodino, Peter W., Jr. [D-NJ-10] · D · Sponsor
• Rep. Brooks, Jack B. [D-TX-9] · D · Sponsor
• Rep. Edwards, Don [D-CA-10] · D · Sponsor
• Rep. Seiberling, John F. [D-OH-14] · D · Sponsor
• Rep. Hughes, William J. [D-NJ-2] · D · Sponsor
• Rep. Feighan, Edward F. [D-OH-19] · D · Sponsor
• · hsju00 · Standing

Related records

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