legislation: 115-hr-5642

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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
115-hr-5642 115 hr 5642 Restoring and Improving Merger Enforcement Act of 2018 Commerce 2018-04-26 2018-05-22 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. House Rep. Nadler, Jerrold [D-NY-10] NY D N000002 3 Restoring and Improving Merger Enforcement Act of 2018 This bill revises the standard for determining whether a proposed corporate acquisition would substantially lessen competition. Specifically, the bill establishes that a court may consider a claim that the acquisition would increase efficiency only if such increased efficiency (1) is verifiable, (2) could not be accomplished without the acquisition, and (3) would promote competition. The bill also places the burden of proof on the defendant claiming that increased efficiency will eliminate the substantial lessening of competition that would result from the proposed acquisition. 2023-01-11T13:39:46Z  

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