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United States · Bill · S

S. 2847 (115th)

Standard Merger and Acquisition Reviews Through Equal Rules Act of 2018

referredUnited States· United States Congress· EN

Introduced

15 May 2018

Last action

15 May 2018 · Introduced

Status

Read twice and referred to the Committee on the Judiciary.

Sponsors

Sen. Lee, Mike [R-UT], Sen. Hatch, Orrin G. [R-UT], Sen. Tillis, Thomas [R-NC], Sen. Grassley, Chuck [R-IA]

Subjects

Discovery layer

Source updated

10 August 2026

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 for the prohibition against acquisition by one corporation of the stock of another 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. This bill amends the Federal Communications Act of 1934 to require the Federal Communications Commission to approve or deny a license transfer application within 180 days of submission. These applications relate to transfer of control or assignment for radio station licenses.

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

Timeline

  1. 15 May 2018

    Introduced

    Read twice and referred to the Committee on the Judiciary.

    Source: IntroReferral

  2. 15 May 2018

    Introduced

    Introduced in Senate

    Source: IntroReferral

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 · 15 May 2018

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 15 May 2018

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 15 May 2018

    Open at official source

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Sponsors

Related records

Sources

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