legislation: 115-hr-5630
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 115-hr-5630 | 115 | hr | 5630 | Economic Freedom and Financial Security for Working People Act of 2018 | Commerce | 2018-04-26 | 2018-05-22 | Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. | House | Rep. Cicilline, David N. [D-RI-1] | RI | D | C001084 | 3 | Economic Freedom and Financial Security for Working People Act of 2018 This bill amends the Clayton Act to establish that a corporate acquisition that tends to create a monopsony (i.e., a situation where a single buyer substantially controls the purchasing power in a market for a good or service) is a violation of antitrust law. Currently, the Clayton Act prohibits only acquisitions that would lead to a monopoly (i.e., where a single supplier of a good or service substantially controls the market). | 2023-01-11T13:39:47Z |