United States · Bill · S
S. 307 (116th)
Consolidation Prevention and Competition Promotion Act of 2019
Introduced
31 January 2019
Last action
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Status
Read twice and referred to the Committee on the Judiciary.
Sponsors
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Subjects
Discovery layer
Source updated
10 August 2026
Summary
Consolidation Prevention and Competition Promotion Act of 2019 This bill amends the Clayton Act to revise merger requirements. Specifically, the bill prohibits a merger that materially (currently, substantially) lessens competition in more than a de minimis amount or tends to create a monopsony (a market situation in which there is only one buyer); shifts the burden of proof to the merging companies to show that their consolidation will not harm competition; requires companies that enter into a settlement agreement with the Federal Trade Commission (FTC) or Department of Justice regarding a merger to report information that allows the agencies to assess the competitive impact of the merger, and establishes the Office of the Competition Advocate within the FTC.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 31 January 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 31 January 2019
Introduced in Senate
summary · EN · 31 January 2019
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/307
- Open data entity: https://api.congress.gov/v3/bill/116/s/307