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United States · Bill · S

S. 2102 (114th)

Standard Merger and Acquisition Reviews Through Equal Rules Act of 2015

openUnited States· United States Congress· EN

Introduced

30 September 2015

Last action

9 March 2016 · Committee

Status

Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights. Hearings held.

Sponsors

Sen. Lee, Mike [R-UT], Sen. Grassley, Chuck [R-IA], Sen. Hatch, Orrin G. [R-UT], Sen. Capito, Shelley Moore [R-WV], Sen. Cornyn, John [R-TX], Sen. Coats, Daniel [R-IN]

Subjects

Discovery layer

Source updated

10 August 2026

Summary

Standard Merger and Acquisition Reviews Through Equal Rules Act of 2015 This bill amends the Clayton Act with respect to actions brought by the Attorney General for violations of antitrust laws. The Federal Trade Commission (FTC) is required, but only under the Clayton Act, to exercise the same authority and procedures of the Attorney General specified in the 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 FTC proceedings, except in cases where the FTC approves an agreement with the parties to the transaction that contains a consent order. Jurisdiction is granted to the U.S. district courts 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 results in an unfair method of competition.

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

Timeline

  1. 30 September 2015

    Introduced

    Read twice and referred to the Committee on the Judiciary.

    Source: IntroReferral

  2. 30 September 2015

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 7 October 2015

    Committee

    Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights. Hearings held. With printed Hearing: S.Hrg. 114-917.

    Source: Committee

  4. 9 March 2016

    Committee

    Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights. Hearings held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 30 September 2015

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 30 September 2015

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 30 September 2015

    Open at official source

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Sponsors

Related records

Sources

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