Standard Merger and Acquisition Reviews Through Equal Rules Act of 2018

Summary

Standard Merger and Acquisition Reviews Through Equal Rules Act of 2018 This bill amends the Clayton Act with respect to notice to a state by the Department of Justice (DOJ) about federal actions brought for violations of antitrust laws. The Federal Trade Commission (FTC) shall exercise the same authority and procedures as DOJ under the Clayton Act if the FTC has brought an action under such Act with respect to the prohibition against acquisition by one corporation of the stock of another (merger) that may substantially lessen competition or tend to create a monopoly. The Federal Trade Commission Act (FTCA) is amended to exclude proposed mergers, acquisitions, joint ventures, or similar transactions from ordinary FTC proceedings, except in cases where the FTC approves an agreement with the parties to the transaction that contains a consent order. U.S. district courts shall have jurisdiction to issue writs of mandamus commanding compliance with the FTCA or any FTC order, if the FTC applies to such courts with respect to any activity related to consummation of a merger, acquisition, joint venture, or similar transaction that may result in an unfair method of competition.

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Timeline

1. 27 April 2018

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 27 April 2018

   Referred

   Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

   Source: Committee

3. 27 April 2018

   Introduced

   Introduced in House

   Source: IntroReferral

4. 27 April 2018

   Introduced

   Introduced in House

   Source: IntroReferral

5. 7 May 2018

   Reported

   Rules Committee Resolution H. Res. 872 Reported to House. Rule provides for consideration of H.R. 5645, H.R. 2152 and S.J. Res. 57. Rule provides for consideration of H.R. 5645 under a structured rule, with one motion to recommit with or without instructions. Rule provides for consideration of H.R. 2152 under a closed rule, with one motion to recommit with or without instructions. Rule also provides for consideration of S.J. Res. 57 under a closed rule with one motion to commit.

   Source: Floor

6. 9 May 2018

   Passed

   Motion to reconsider laid on the table Agreed to without objection.

   Source: Floor

7. 9 May 2018

   Vote

   On passage Passed by the Yeas and Nays: 230 - 185 (Roll no. 177).

   Source: Floor

8. 9 May 2018

   Vote

   Passed/agreed to in House: On passage Passed by the Yeas and Nays: 230 - 185 (Roll no. 177).

   Source: Floor

9. 9 May 2018

   Vote

   On motion to recommit with instructions Failed by the Yeas and Nays: 193 - 220 (Roll no. 176).

   Source: Floor

10. 9 May 2018

    Reported

    Considered under the provisions of rule H. Res. 872. (consideration: CR H5645; text of measure as reported in House: CR H3851)

    Source: Floor

11. 9 May 2018

    Floor

    The previous question on the motion to recommit with instructions was ordered without objection.

    Source: Floor

12. 9 May 2018

    Floor

    Mr. Doggett moved to recommit with instructions to the Committee on the Judiciary. (text: CR H3857)

    Source: Floor

13. 9 May 2018

    Floor

    Rule provides for consideration of H.R. 5645, H.R. 2152 and S.J. Res. 57. Rule provides for consideration of H.R. 5645 under a structured rule, with one motion to recommit with or without instructions. Rule provides for consideration of H.R. 2152 under a closed rule, with one motion to recommit with or without instructions. Rule also provides for consideration of S.J. Res. 57 under a closed rule with one motion to commit.

    Source: Floor

14. 10 May 2018

    Introduced

    Received in the Senate and Read twice and referred to the Committee on the Judiciary.

    Source: IntroReferral

Votes

Versions

• Referred in Senate · 10 May 2018 · Download file
• Engrossed in House · 9 May 2018 · Download file
• Introduced in House · 27 April 2018 · Download file

Documents

7 official files

• Referred in Senate (text)

  Referred in Senate · EN · 10 May 2018

  ViewDownloadOpen at official source

• Referred in Senate (PDF)

  Referred in Senate · EN · 10 May 2018

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• Engrossed in House (text)

  Engrossed in House · EN · 9 May 2018

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• Engrossed in House (PDF)

  Engrossed in House · EN · 9 May 2018

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  Vertaal document

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• Introduced in House (text)

  Introduced in House · EN · 27 April 2018

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House (PDF)

  Introduced in House · EN · 27 April 2018

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• Introduced in House

  summary · EN · 27 April 2018

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  Vertaal document

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Sponsors

• Karen Handel · R · Sponsor
• Rep. Peters, Scott H. [D-CA-50] · D · Sponsor
• Rep. Goodlatte, Bob [R-VA-6] · R · Sponsor
• Rep. Peterson, Collin C. [D-MN-7] · D · Sponsor
• Rep. Collins, Doug [R-GA-9] · R · Sponsor
• Rep. Marino, Tom [R-PA-10] · R · Sponsor
• Rep. Messer, Luke [R-IN-6] · R · Cosponsor
• Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
• · ssju00 · Standing
• · hsju00 · Standing

Related records

• related to → Providing for consideration of the bill (H.R. 5645) to amend the Clayton Act and the Federal Trade Commission Act to provide that the Federal Trade Commission shall exercise authority with respect to mergers only under the Clayton Act and only in the same procedural manner as the Attorney General exercises such authority; providing for consideration of the bill (H.R. 2152) to require States and units of local government receiving funds under grant programs operated by the Department of Justice, which use such funds for pretrial services programs, to submit to the Attorney General a report relating to such program, and for other purposes; and providing for consideration of the joint resolution (S.J. Res. 57) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act".
• related to → Standard Merger and Acquisition Reviews Through Equal Rules Act of 2017
• related to ← Standard Merger and Acquisition Reviews Through Equal Rules Act of 2018
• amends ← An amendment numbered 1 printed in House Report 115-664 to make a series of technical and clarifying changes suggested by the Federal Trade Commission (FTC).