Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020

Summary

Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020 This bill requires the Federal Trade Commission (FTC) and the Department of Justice (DOJ) to use the same procedures when enforcing antitrust law, and it requires the FTC to issue a decision within 180 days of receiving a merger application. Under current law, the FTC litigates the merits of contested merger cases before its own administrative tribunals. The bill requires the FTC to litigate these cases in federal court, similar to DOJ.

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Timeline

1. 26 October 2020

   Introduced

   Read twice and referred to the Committee on the Judiciary.

   Source: IntroReferral

2. 26 October 2020

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 26 October 2020 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 26 October 2020

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 26 October 2020

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 26 October 2020

  Open at official source

Sponsors

• Mike Lee · R · Sponsor
• Chuck Grassley · R · Sponsor
• Thomas Tillis · R · Sponsor
• · ssju00 · Standing

Related records

• related to → License Transfer Modernization Act of 2019
• related to ← Standard Merger and Acquisition Reviews Through Equal Rules Act of 2018